From 1 January 2020, the Government intends to restrict the value of cash payments a business makes or accepts to amounts under $10,000. Ignoring the limit will become a criminal offence with penalties of up to 2 years in prison and/ or $25,200*.  Payments of $10,000 or more will need to be made electronically or by cheque.  We’ll, easy enough you say, just break it up into smaller amounts! But, the […]