Group structures

All group members that are reporting entities under the Payment Times Reporting Scheme must complete a payment times report.

Member entities

A group consists of member entities and their controlling corporation. A member entity is a subsidiary of the controlling corporation’s group.

This is unless it is also a subsidiary of another body corporate. This is because the body corporate meets the requirement in subparagraph 46(a)(i) or (ii) of the Corporations Act 2001 in relation to the subsidiary and the other body corporate is not a member of the group.

The scheme’s reporting requirements capture all members of a group:

  • with at least $10 million in total income
  • where the group’s combined total income is more than $100 million.


A controlling corporation's total income is $80 million. It has 3 members. Subsidiary A’s total income is $50 million. Subsidiary B’s total income is $40 million. Subsidiary C’s total income is $5 million. The total of the group’s combined income is $175 million which is above the group threshold of $100 million.

The controlling corporation and its subsidiaries are all constitutionally covered entities (CCEs) and carry on an enterprise in Australia. The controlling corporation and Subsidiary A and B are reporting entities. This is because the combined total income of the group is $175 million and Subsidiary A and B have total incomes above $10 million. They all have to complete their own payment times report.

Subsidiary C has a total income of less than $10 million. It's not a reporting entity.

Controlling corporation

A controlling corporation is a body corporate that is:

  • incorporated in Australia  
  • not a subsidiary of another body corporate that is incorporated in Australia.

A controlling corporation is determined with reference to the concepts in the Corporations Act 2001.

A controlling corporation must report if it:

  • is a CCE
  • carries on an enterprise in Australia
  • has a combined total income for all members of the group greater than $100 million.

This is irrespective of its own individual total income.

Group level reporting

The scheme requires businesses to report at an individual entity level rather than at a group level. This is so small businesses can know the payment performance of individual businesses in the group.

One reporting entity within a group may submit compliant reports on behalf of all member entities. In other words, each entity needs to complete a report but they can submit them together.

Read about setting up for group reporting.

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