Employers warned: Cash-in-hand tax “loophole” closing after black economy blitz Tax Matthew Elmas 19 June 2019 Employers paying cash-in-hand are being warned their tax deductions will be going out the window from 1 July amid an ongoing black economy crackdown.
Cash payments crackdown to close “loophole” allowing businesses to deduct “non-compliant” payments Finance Matthew Elmas 18 September 2018 New laws will prevent businesses from exploiting a cash payments "loophole" that makes illegal activity easier.
What it’s like to be a “black economy” worker Economy The Conversation 18 May 2018 The black economy is more common than we think – how many of us have paid tradies, gardeners or cleaners cash without the exchange of relevant paperwork? For many people this is actually an important source of income.
