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Producing the Taxable payments annual report

There's a growing list of Australian businesses that need to produce the Taxable payments annual report (TPAR) at the end of each financial year and submit it to the ATO. To check if your business needs to report, visit the ATO website.

The TPAR declares all of the payments you've made to applicable suppliers throughout the financial year. MYOB helps you create this report and generate a file which you can lodge with the ATO.

Let's take you through how to produce the report and create the electronic file, ready to lodge to the ATO.