Tip-off to keep the competition fair
Businesses that deliberately do the wrong thing by not meeting their tax and super obligations put others at an unfair disadvantage. So the ATO is encouraging people to tip them off if you If you know or suspect a business is taking part in phoenix, tax evasion or black economy activities, or feel something is going on that isn’t quite right.
To make a tip-off:
- complete a Tip-Off Form on the ATO’s website at ato.gov.au/tipoff or in the ‘contact us’ section of the ATO app; or
- phone the Black Economy Hotline on 1800 060 062.
Ref: TaxWise Business February 2020