Tuesday, June 25, 2019

Australia - Unreported ‘cash in hand’ payments to workers no longer tax deductible

The Australian Taxation Office (ATO) today reminded employers that any unreported ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible.

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EU: The Economic and Monetary Affairs Committee on June 23 adopted its position on the single currency package

The digital euro would offer citizens and businesses a private, secure and innovative way to pay, while reducing reliance on non-EU provider...