by Team Garnet | Mar 10, 2021 | Business Structures, Small Business, Tax News
Tax planning or tax avoidance? Do you know the difference? While tax planning is a legitimate and legal way to arrange your financial affairs to keep your tax to a minimum provided you make the arrangements within the intent of the law. Any tax minimisation schemes...
by Team Garnet | Feb 17, 2021 | Superannuation, Tax News
The data-matching programs just keep coming from the ATO this year, this time it will be focusing on data pertaining to the temporary early access to super due to COVID-19 and the JobMaker Hiring Credit. In relation to the early access of super, the ATO will be...
by Team Garnet | Feb 10, 2021 | Small Business
Could your business use an extra $200 a week? With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, businesses that are seeking to employ additional workers but need a bit of help can apply for...
by Team Garnet | Sep 2, 2018 | Small Business
The ABN system was originally introduced as a simple way to provide businesses with unique identifier when dealing with the government. It has since become a de facto licence to do business despite no substantial changes in the application process in the intervening...
by Team Garnet | Jun 19, 2018 | Tax News
Pre-lodgement compliance reviews (PCRs) are increasingly being used by the ATO to resolve potential compliance concerns as they arise. Previously, PCRs have only been applied to significant taxpayers such as public companies, international groups, and large Australian...
