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Tag: cash economy

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Tag: cash economy

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Continued focus on the cash economy

Xperion
By Xperion  |  Business essentials,  Hospitality,  Tax updates  |  17/04/2019

ATO Assistant Commissioner Peter Holt has announced that, in the 2019/20 financial year, the ATO will be visiting a further 10,000 small businesses across the country, including up to 500 small businesses in Tasmania. He further said that businesses that advertise as ‘cash only’ and businesses that are operating outside of the ATO’s performance benchmarks for their industry will be especially targeted for a visit from the ATO. “Businesses that…  Read more

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