The ATO warns that Significant Global Entities (SGEs) that missed the 28 August TPAR deadline may face penalties for late lodgment.
The Australian Taxation Office (ATO) announced on 8 October 2025 that Significant Global Entities (SGEs) may face substantial penalties for failing to lodge their Taxable Payments Annual Report (TPAR) by the due date.
The deadline to lodge the TPAR for SGEs was 28 August. If businesses pay contractors to provide certain services on their behalf and haven’t lodged yet, penalties may apply.
The ATO uses 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 AUD 89.5 billion in gross payments and AUD 7.6 billion in GST payments to more than 720,000 contractors.
The Commissioner takes the lodgment of all forms seriously. As an SGE, the ATO expects businesses 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 an AUD 639,600 Failure to lodge (FTL) penalty being issued. The entity then lodged both its 2023 and 2024 TPARs, revealing over AUD 190 million in gross payments and over AUD 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 AUD 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 an 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.
