Senate drops controversial $10,000 cash ban that would have “hit SMEs hard”
The Senate has voted against the federal government's plan to ban businesses from making cash payments over $10,000.
Businesses that use “sales suppression” software to erase some daily transactions in order to dodge their tax burdens now face hundreds of t…
The Australian Taxation Office is maintaining its scrutiny of businesses that deal in large amounts of cash, with reports it has recouped mi…
The small business community can reportedly expect to see measures that address the so-called “black economy” in next month’s fede…
More than 400 small businesses across Perth and Canberra will soon receive a knock on the door from the tax man, as the Australian Taxation …
By Robert Powell, Edith Cowan University
Last week the Australian division of global financial institution Citibank became the first loc…
By Steve Worthington, Swinburne University of Technology
There is mounting evidence from many countries around the world that the use of …
Micro-enterprises will be a key focus for the tax office in the new financial year, according to its compliance program, with close attentio…
The Australian Taxation Office is taking advantage of its new IT systems to detect rorts in the cash economy, with eBay sellers identified a…
The Australian Taxation Office has issued a fresh warning to small businesses operating in the cash economy, saying it is likely to look clo…
The Australian Taxation Office will crack down on fraudulent returns, systematic underreporting and non-payment of GST debts during the next…
The Government will hand the Australian Taxation Office an extra $445 million over the next four years in order to crackdown on the cash eco…
