Tradies who do undeclared cash jobs can be hit with tax penalties, or criminal convictions that could lead to prison – costing them their
business and their income.
Doing jobs for cash or for your mates is okay - as long as you record them and declare the income when you're filing your annual tax return.
Make sure that:
If you're already paying tax on all your income, there's nothing more you need to do.
If you've left some income off your tax return tell us now, rather than wait for us to find out some other way.
By making a full voluntary disclosure you may benefit by:
Choosing not to tell us may lead to:
If you need help putting your returns right, please contact your tax agent. If you'd prefer to talk it through with us, you can make an appointment with one of our Community Compliance Officers - we'll even come to you if you prefer.
You have an important role in keeping your industry fair for all. If you know someone who is doing undeclared cash jobs you can let us know confidentially