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Ahem. Use of digital payments makes it less likely for the hawker to escape the tax man.
(14-06-2020, 04:52 PM)tanjm Wrote: [ -> ]Ahem. Use of digital payments makes it less likely for the hawker to escape the tax man.

Is that a good thing or bad thing?



I had good experience with PayNow recently. This is a proxy of the uptake rate in Singapore:

[Image: imusCBS.png]

I would use it over cheque or direct cash transfer any day. Due to traceability to UEN/NRIC/etc.
Singapore to push ahead with megaprojects but schedules to pace according to demand

https://www.theedgesingapore.com/news/co...ing-demand

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Travellers to Singapore to pick up the tab for Covid-19 test and stay home notice

https://www.theedgesingapore.com/news/tr...ome-notice

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DBS CEO Piyush Gupta warns of correction as financial markets disconnect from real economy and IMF prepares to downgrade views

https://www.scmp.com/business/banking-fi...al-markets
Singtel, M1, and Starhub granted final 5G network licence from IMDA

https://www.theedgesingapore.com/news/te...rumposting

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Dice to resume rolling at Singapore casinos on July 1

https://www.theedgesingapore.com/news/co...rumposting

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IHH Healthcare reports loss of RM319.8 mil for 1Q20

https://www.theedgesingapore.com/capital...rumposting

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Singapore's bank lending continues decline as bank and consumer loans take a hit from 'circuit breaker' measures

https://www.theedgesingapore.com/capital...rumposting

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