We are setting up Trans World in the state boards this will take a few days Perth has already been done.these boards will be open to general public and they can also comment without membership. This is a trial only.
And I wonder how the privates and shops that get cash from the punter go with their returns?
I'm sure the girls that get that bit extra from the punter do the right thing for the ATO
Not declaring and paying taxes. Can result in losing everything you have worked hard for. In some states like SA, it can be classed as proceeds of crime. Keeping ATO happy is imperative when building assets. Efficient record and bookkeeping, the same as any business
The other option for her ( u have to be disclpined). Have a separate bank account for your taxes. Put your $ for tax into this account & earn interest. Setup an automatic transfer. ATO does not pay you interest.