Transacting in Cash? Watch Out for the ATO’s Latest Crackdown
The Australian Tax Office has been doing the rounds on businesses that deal with large amounts of cash, warning that they could be conducting more random audits in 2018.
Tax Arrears To Impact Credit Scores
For the first time, business ATO arrears may be reported to the credit agencies (Dun & Bradstreet, Veda, Experian etc) as soon as July 2017.