by Team Garnet | Oct 5, 2023 | ATO, Pensioners, Tax News
A permanent enhancement to the pensioner work bonus, along with a doubling of the employment income nil rate period, has been announced. As a part of the government’s strategy to get more people back into work to solve skills shortages being experienced by many...
by Team Garnet | Oct 1, 2023 | ATO
The Commissioner has flagged a return to firmer debt collection actions after easing activities in the aftermath of COVID-19. With less than 6 months left in his tenure as the Commissioner of Taxation, Chris Jordan has unapologetically flagged the ATO’s shift to...
by Team Garnet | Sep 24, 2023 | Superannuation
ASIC has called on super trustees to step up efforts in the areas of dealing with member money and consolidating duplicate accounts. In recent media releases, ASIC has called on superannuation trustees to step up efforts in the areas of appropriately dealing with...
by Team Garnet | Sep 14, 2023 | ATO, Small Business
After the recent release of a review, the MBR program has been scrapped by the government due to cost blowouts. The Modernising Business Registers (MBR) program was initiated by the previous government in 2019 with the aim of transforming the company, business and...
by Team Garnet | Sep 6, 2023 | ATO, Tax News, Tax Time
Taxpayers with uncomplicated financial affairs have been given the green light to lodge their tax returns by the ATO. Will you get a refund this year? With only a little more than a month into tax time, the ATO has given the green light for taxpayers with...
