auditbuildingcashcash jobsconstructionIRDTaxtax audit

Tradies & those cash jobs

Below is the latest e-mail from the IRD targeting cash jobs in the building sector.

We’re looking hard at tax crime in the building sector.


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.
It’s okay to do jobs for cash, as long as they are recorded, and the income declared. So we’re reminding everyone, to get it right by:
charging GST (if you’re registered for it)
recording every job
registering your employees, and
declaring every dollar.
If you’re already paying tax on all your income, thank you, there’s nothing more you need to do. Check out our website for videos and tools for keeping good business records, or for information on how to report someone who isn’t playing fair.


 Find out more