by Team Garnet | May 26, 2022 | Capital Gains, Tax News
2022 Tax time is fast approaching, and this financial year, the ATO will again be focusing on a few key areas to ensure that individuals are doing the right thing and paying the right amount of tax. These key areas are considered by the ATO to be problem areas where...
by Team Garnet | May 18, 2022 | Assistance, Superannuation
Due to COVID-19, trustees of a Self Managed Super Fund may provide or accept certain types of relief, which constitute contraventions of the super laws, the ATO is offering support to SMSF trustees. You may also have been stranded overseas because of travel bans,...
by Team Garnet | May 13, 2022 | Small Business, Tax News
ATO is cracking down on GST fraud with Operation Protego, set up to investigation around $850m in potentially fraudulent payments. The ATO has lifted the lid on its most recent operation to stamp out GST fraud, Operation Protego, in order to warn the business...
by Team Garnet | May 6, 2022 | Superannuation
Employers take note, the ATO could soon be taking a tougher stance in addressing super guarantee non-compliance. The Australian National Audit Office (ANAO) has recently issued a report on the results of an audit conducted on the effectiveness of ATO activities in...
