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9 Benefits of Hiring an Accountant

Hiring an accountant is a valuable step for any business to take. Whether you’ve been handling finances solo or you’re planning a start-up, and you need someone with financial know-how, an accountant can provide the exact services you need. If you’re curious about accountancy, whether you want to know ‘what does an accountant do on…

Federal Court affirms PAYG amounts “withheld” from salary or wages

Federal Court Upholds Tax Credit, Despite Non Reporting of PAYG Withheld Amounts It is commonly understood that all PAYG amounts classed as “withheld” from the salary or wages of a taxpayer, must be reported to the ATO. This is a standard element of tax compliance, and is something that the vast majority of Australian tax…

Failure to comply doesn’t lead to tax related liability

Clarifying ATO Garnishee Notices: Federal Court Rules Out Tax-Related Liability for Non-Compliant Entities It will come as no surprise that the ATO takes overdue tax payments very seriously. Because of this, the tax office is afforded certain legal rights which enable their officers to follow up missed payments, and to collect them in full from…