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NEW PROPERTY & THE ATO

The Garis Group
Property
  One thing that Australians hate more than anything is new taxes that have been introduced by stealth. This may sound a lot more dramatic than it actually is, however a new property tax that will come into force on the 1st July 2016 will create some turmoil for property owners. In the middle of…
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ATO to Report Tax Debts to Credit Reporting Agencies

The Garis Group
General
  The federal government has been, for some time, concerned about the escalating debt from taxpayers who would like to use the ATO as a bank. Businesses are either delaying or not paying their obligations such as GST, PAYG or income tax. The government announced in it’s Mid Year Economic & Fiscal Outlook report last…
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