by Team Garnet | Jun 2, 2021 | Assistance, Tax News
Can I be released from my tax debts when facing financial difficulty? As the economy adjusts to the removal of most government COVID support measures, coupled with the slow rollout of national vaccination and mostly closed international borders, there is no doubt that...
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 | Mar 3, 2021 | Tax News
If you are working two or more jobs casually or if you have overlapping contract work, you need to be careful to avoid an end of financial year tax debt. With insecure, contract and casual work becoming increasingly common, particularly in the current COVID-19...
by Team Garnet | Mar 19, 2018 | Tax News
Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only applies to businesses that meet certain conditions and...
