by Team Garnet | Dec 1, 2025 | ATO, Business Structures, Small Business
Whether your business is gearing up for a rush or planning a shutdown as we come to the end of the year, the key is early planning for payroll, tax, super and staffing arrangements. Now’s a good time to map your pay cycles, check ATO obligations and line up...
by Team Garnet | Nov 27, 2025 | ATO, Centrelink
If you’re planning an overseas holiday and currently receive Centrelink or other government payments, a little prep will help you enjoy your trip without payment surprises or tax headaches. Government payments Different government payments have their own rules...
by Team Garnet | Nov 4, 2025 | ATO, Tax News, Tax Time
Many people getting their tax notice of assessment wonder why they see amounts for the Medicare levy and Medicare levy surcharge. Let’s break these down to help you understand who pays them and how private health insurance can affect your tax return. Medicare levy The...
by Team Garnet | Oct 14, 2025 | ATO, Small Business, Tax News, Tax Time
As a business owner you’re probably familiar with Australia’s goods and services tax (GST) and its implications on your operations. However, when it comes to vouchers, the GST rules can be a bit more complex. If your business sells or buys vouchers, it’s...
by Team Garnet | Jul 17, 2024 | ATO, Small Business, Superannuation
It’s a new financial year. Make sure your employees’ pay and superannuation contributions are processed right, with a number of changes and rate adjustments coming into effect from 1 July 2024. As the new financial year begins, employers need to keep an eye on various...
by Team Garnet | Jun 9, 2024 | ATO, Tax Time
As the ATO gears up for tax time 2024, it has flagged three primary areas where taxpayers frequently make mistakes. It has emphasised the importance of getting tax returns right the first time to avoid unnecessary complications from having to amend tax returns and...