by Team Garnet | Nov 11, 2021 | Tax News
Details have been released on the GST Analytical Tool (GAT) used by the ATO in GST reviews and assurance. So, how does it work? The ATO says this tool is used to obtain assurance that business taxpayers are paying the right amount of GST. It uses a standard method...
by Team Garnet | Sep 24, 2021 | Business Structures, Small Business
If you’re closing or selling your business, don’t forget about the GST obligations you’ll have to meet including deregistration and lodgment of final returns. If the current prolonged lockdown and economic conditions has prompted you to sell or close your business,...
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...
