Tag: income
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ATO targeting the cash in hand economy
The Australian Tax Office (ATO) is cracking down on the cash in hand economy that generates up to $15 million in turnover each year. Currently, 1.6 million businesses that operate with cash only, including hairdressers, cafes and trade persons. Assistant Commissioner Tom Wheeler has said that the measure is not targeting any particular business. “We know that the majority…
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The Global Gender Gap
Living in the 21st century, any sensible person would expect gender equality to be a ‘thing’ by now but unfortunately that dream is still not a reality. The World Economic Forum has released the Global Gender Gap Report 2015, which measures over ten years of global gender gap performance. Out of 145 countries, Australia ranked…