Non-compliant payments to workers no longer tax deductible

http://blog.revolutionadvisors.com.au/non-compliant-payments-to-workers-no-longer-tax-deductible/

Businesses can no longer claim deductions for payments to workers if they have not met their pay as you go (PAYG) withholding obligations. This applies to income tax returns lodged for the 2020 income year onwards. Any payments made to a worker where PAYG amounts haven’t been withheld or reported are called non-compliant payments. If […]