this post was submitted on 03 Aug 2024

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cash only in 2024, why? (aussie.zone)

submitted 3 months ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

So I rocked up to a poetry slam at the Rosemount but it was $10 cash only to watch. So I went to the bar and bought a pint on my phone instead.

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[–] [email protected] 7 points 3 months ago (2 children)

It is much harder to hide an EFTPOS transaction from the ATO.

[–] [email protected] 10 points 3 months ago (1 children)

Less nefariously: it's a poetry slam, organised in their spare time and making no profit, and they don't want to go to the effort and expense of getting a bank account, setting up a merchant account, and buying a card reader.

[–] BigRedUndead 3 points 3 months ago

It’s likely all of these things, yes.

But also, tax.