The Government will extend the taxable payments reporting system (TPRS) to the following industries:
- security providers and investigation services;
- road freight transport; and
- computer system design and related service
This will extend the TPRS requirements already applying to the building and construction industry.
The TPRS requirements will also be extended, from 1 July 2018, to the cleaning and courier industries under measures contained in the Treasury Laws Amendment (Black Economy Taskforce Measures No 1) Bill 2018 (see 2018 WTB 6 ).
Date of effect
The reporting requirements will apply from 1 July 2019 (ie next year), with the first annual report required in August 2020.
Source: Budget Paper No 2 [p 22]