TIPS

Truck drivers in the sight of the Treasurer

National Tax Director at BDO Australia, Lance Cunningham said Truck Drivers were in the sights of the Treasurer following the release of this year’s budget.

To help shutdown the black economy, the Government has announced measures that will specifically focus on the security and road freight transport industries.

“It looks like security guards and truck drivers will join couriers and cleaners in being put under the spotlight,” Mr Cunningham said.

“As part of the Taxable Payments Reporting System (TPRS), from 1 July 2019, the government will target workers in these industries who pay cash wages without deducting Pay As You Go (PAYG) contributions.”

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