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Mar 31, 2021

ATO warns contractors over $172b of income

ATO warns contractors over $172b of income

The Australian Taxation Office has revealed it is using data from its Taxable Payments Reporting System (TPRS) to ensure that more than $172 billion of payments to contractors have been properly declared. Businesses that pay contractors in the courier, cleaning, building and construction, road freight, information technology, security, investigation, or surveillance services industries are required…

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