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Had a tradesman quote $1,000.00 cash to do some work on the kitchen renovation
He's come back saying that was a cash job, otherwise its $1180.00 +GST
What the..
My cousin is an electrician and a guy kept trying to talk him into doing a cash job. My cousin kept insisting he worked "invoice only". The guy apparently told him he was lucky, because he works for ATO and would have reported my cousin if he did a cash job. Sounds sus to me.
I just finished renovating a house and the lawnmower, asbestos removal business, paving guy and sparkie all offered two prices... cash only (no invoice) or a higher price + GST (invoice provided). I went the invoice option for all as there is no tax deduction otherwise. And yes, I am aware of the difference between allowable deductions, capital improvements and depreciating assets etc. I use the term "tax deduction" in the generic sense to cover all these
Almost entrapment, tell the guy from the ATO to go to the local Chinese grocery or $2 shop with the signs that say 'cash only'.
.. signs that say 'cash only'.
Almost entrapment, tell the guy from the ATO to go to the local Chinese grocery or $2 shop with the signs that say 'cash only'.
Also things "off the back of a truck" can be good deals too...
Almost entrapment, tell the guy from the ATO to go to the local Chinese grocery or $2 shop with the signs that say 'cash only'.