Make-up artist boasting about vacations, expensive designer clothing and jewelry while lying about her income is one of the thousands of tax evaders who enter the ATO
- A record number of 15,000 tips for the Australian tax authorities
- Tax evaders will be investigated and may receive hefty fines if caught
- Catering staff were the biggest offenders, followed by the beauty industry
A makeup artist who bragged on luxurious vacations around the world is one of the thousands of tax evaders dice to the tax authorities this year.
In the first quarter of the financial year, 15,000 tips were given to the Australian tax authorities.
Those who refused to pay their share of the tax included a man who built a new house and bought a new car, even though he claimed he had no money in his bank account.
A make-up artist bragging about jet setting around the world on luxury vacations is one of the thousands of tax evaders who joined the ATO this year (stock image)
Catering staff were the biggest offenders, with people in the beauty industry closely.
The beautician bragging about her glamorous vacations and wearing designer clothes was encapsulated because she was allegedly paid in cash for her work, and her Australian company number did not match the name of her business.
The top categories of tips that the ATO has received so far this year are about:
1. Do not state income
2. Require money from customers and / or paying employees & # 39; cash in hand & # 39;
3. A person's lifestyle does not seem to match their income level
4. Do not report a sale
People who have been reported to the Tax Integrity Center can receive hefty fines because each case will be investigated, said ATO assistant commissioner Peter Holt.
Approximately 10,000 companies will be visited by the tax authorities this year as the government is trying to put an end to the & # 39; black economy & # 39; which is estimated to be worth about $ 50 billion a year.
"The community has spoken loudly and clearly … honest entrepreneurs and employees have had enough of people cheating on the system to gain an unfair advantage, and they don't hesitate to let us know," said Mr. Holt.
& # 39; The black economy means that the community misses out on vital public services such as health care, schools, roads and other vital infrastructure that we all rely on. & # 39;
The beautician bragging about her glamorous vacations and wearing designer clothes was inaugurated because she was allegedly paid in hand and her Australian company number did not match the company names (stock image)
ATO figures show that cafes and restaurants are at the top of the list in terms of the total number of tip-offs received this year in the first quarter.
& # 39; The proof is the pudding. Our risk indicators tell us that there is a problem with the black economy in the cafe and restaurant industry and the fact that tips about this industry at the top of our list tell us that more needs to be done to protect honest cafe and restaurant owners and employees in this industry.
& # 39; Acting cash and paying your employees cash is completely legal, but not reporting the income to the ATO and not paying your employees such as their rights is not only illegal but also incredibly unfair.
& # 39; Regardless of which industry you're in, when you cook the books, your competitors and employees are probably aware of this. And they do not hesitate to let us know, & said Mr. Holt.
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