The deadline to lodge your TPAR was 28 August. If your business pays contractors to provide certain services on your behalf and you haven’t lodged yet, penalties may apply.
We use TPAR data to detect omitted income and ensure tax compliance. This is particularly relevant for SGEs, as they account for a substantial volume of contractor payments. In the 2023–24 financial year, 1,450 SGEs lodged TPARs and disclosed over $89.5 billion in gross payments and $7.6 billion in GST payments to more than 720,000 contractors.
The Commissioner takes the lodgment of all forms seriously. As an SGE, we expect you to have resources and systems in place to ensure on time lodgment of forms, and there can be significant consequences for SGEs who lodge their TPAR late.
To demonstrate the impact of this for an SGE, a recent case in 2024–25 resulted in a $639,600 Failure to lodge (FTL) penalty being issued. The entity then lodged both its 2023 and 2024 TPARs, revealing over $190 million in gross payments and over $17 million in GST paid to 51 contractors, highlighting the importance of these forms being lodged on time.
Lodging TPARs as an SGE
If a consolidated or notional listed company group is classified as an SGE, all member entities are deemed SGEs. This means penalties can reach up to $825,000 for late lodgment. Importantly, TPARs must be lodged by each entity, individually. A head entity can't lodge on behalf of group members.
It's important to check if your entity is classified as an SGE, and self-assess correctly.
To avoid penalties and ensure compliance, visit Lodge your TPAR for guidance on what to report and how to lodge.
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