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gday Im Andrew Lovett and todays topic is the taxable payments reporting system for quite a few years now firms in the building and construction industry have been required to do extra reporting to the tax office and tell the tax office the ABN and name of suppliers and the dollar value of their purchases within that industry theres some changes and increases in the scope of the taxable payments reporting system that are coming through now and will affect companies and cause them to have to more companies to have to do reports by the 28th of August 2009 30 theres two levels of change theres a change that applies to payments that were made in the year ending 30 June 2019 and they have to be reported by the 28th of August 2019 the other change affects different industries for payments in the year from 1 july 2019 to 30 June 2020 and the first report would have to be done in August 2020 but the systems need to be in place so that you can have the data you need to make the report th