by Team Garnet | Apr 2, 2024 | ATO, Tax News
The revised stage 3 tax cuts are now law, and it is time to be proactive about your time planning. Find out how it will affect you here. Now that the revised stage 3 tax cuts have passed all stages of Parliament and received Royal Assent, the new rates are law 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...
by Team Garnet | May 31, 2023 | ATO, Tax News
This tax time, the ATO will be targeting loan interest expenses, working from home deductions, and CGT on main residences also used for income-producing purposes. With the end of the financial year fast approaching, the ATO has again released the areas it will be...
by Team Garnet | Mar 24, 2023 | Assistance, Families, Money
Families with children in care arrangements could soon see the benefits of cheaper childcare with the passing of the government’s childcare subsidy reforms. Families struggling with the current cost of living crisis could soon have some relief with cheaper childcare...
by Team Garnet | Mar 18, 2023 | ATO, Tax News
The ATO can now issue a tax-records education direction which will require an entity to complete an approved record-keeping course in lieu of a penalty. Late last year, the Treasury Laws Amendment (2022 Measures No 2) Bill 2022 passed Parliament and received Assent....
