ATO Targets Cash-in-Hand Businesses Avoiding Tax and Worker Obligations
The ATO is increasing scrutiny on businesses using cash to avoid tax, super and employment obligations. Ensure your records and reporting meet compliance requirements.
What the New Mandatory Cash Acceptance Rules mean for Retailers
Not sure if the cash mandate applies to your business? Talk with Omnis Business Advisors in Perth to check your obligations, exemptions and compliance steps today.
From the desk of Justin Flavel, Spring 2020
The business market is extremely odd; some industries definitely need the extended JobKeeper payment whilst others are having record months. It has been a challenging period for all over the last 6 months and we believe it is going to be an unstable environment for many months still to come. If your business has not […]
The ATO hits the road
Could you be a black economy target? The ATO plans to visit almost 10,000 businesses this financial year in all States and Territories, across a variety of industries, as part of their strategy to deal with the black economy (they visited nearly 9,000 businesses in the 2018/19 financial year). According to Assistant Commissioner Peter Holt, […]