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Tag Archives: «Cash-in-hand»

Cash-in-hand payments to workers no longer tax deductible
201908.25
1

Cash-in-hand payments to workers no longer tax deductible

in Stanton Mienert News Tags: ATO, Cash-in-hand

The ATO has recently reminded employers that ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible. ‘Cash in hand’ refers to cash payment to employees that do not comply with PAYG withholding requirements. Further, payments made to contractors where the contractor does not provide an ABN and the business does…

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