Questions the ATO may ask business owners under the Cash Economy Taskforce:

  • What products do you sell?
  • What services do you provide?
  • What POS system you use?
  • What accounting system do you use?
  • Any unusual expenses in the relevant timeframe?
  • Do you have staff and how many?
  • Do you employ school children?
  • What family members work in the shop and are they paid?
  • What payroll system do you use?
  • Do you pay staff in cash?
  • Do you keep large amounts of cash at the business premises and if so, why?
  • Do you bank regularly?
  • How do you record cash drawings?
  • Do you reconcile accounts regularly?
  • Are all sales transactions entered in the POS?
  • Do cash accept cash for any services?
  • How do you make account payments?
  • Do you pay accounts in cash?
  • What filing system procedures do you use?
  • Is there anything that makes your business different to others?
  • Hours of operating
  • Number of paid staff hours
  • Number of unpaid owner hours
  • What is the approximate size of the shop