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 | Oct 8, 2022 | ATO, Business Structures, Small Business, Tax News
Did you know you can vary your pay-as-you-go (PAYG) instalments due to a change in your financial situation? Should you be varying your PAYG instalments? Pay-as-you-go (PAYG) instalments are prepayments of your expected income tax for the year. If your total PAYG...
by Team Garnet | Apr 22, 2022 | Business Structures, Small Business
Now is a good time to check that your business’ PAYG instalments still reflect its expected end of year tax liability. The PAYG instalment system allows a business to spread its income tax liability across the tax year. This helps with cash flow but also means the...