Road transport under ATO microscope
Aug 10, 2022
3 minutes
Demanding cash from customers, paying workers ‘cash in hand’, or not declaring all sales are the most common examples of the 43,000 tip-offs received by the Australian Taxation Office (ATO) in the 2021-22 financial year.
The ATO says it is using intelligence from tip-offs as part of its approach to dealing with the shadow economy.
The ATO explains that the shadow economy (previously referred to as the black economy) refers to activities that take place outside of the tax and
You’re reading a preview, subscribe to read more.
Start your free 30 days