Changes to TPAR in 2017/18 Financial Year – Sybiz Vision

Changes to TPAR in 2017/18 Financial Year – Sybiz Vision

Australian businesses that have made payments to contractors during the financial year need to lodge a Taxable Payments Annual Report (TPAR) by 28 August.

Sybiz have made this a simple process in Sybiz Vision and you can export a TPAR directly from Sybiz Vision and upload the file to the Australian Tax Office.

As of 2017/18 financial year, the accepted file formats are set to change.  It is important to understand that Sybiz Vision Classic will not accommodate these changes.  So, if you are using Sybiz Vision Classic (V12.80 or earlier) and need to lodge a TPAR, you will need to upgrade to the new version of Sybiz Vision (Sybiz Vision.NET) before June 30, 2018.

For assistance generating TPAR from Sybiz Vision, please contact PBT on 1300 720 767.

We also recommend that if you are still on Sybiz Vision Classic and need to lodge TPAR, please speak to PBT as soon as possible to discuss the upgrade process.