What are the requirements to pay superannuation? You must pay superannuation to your employees’ superannuation funds at 9.5% of their ordinary time earnings.
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The ATO can issue a Garnishee Notice to someone who owes you money or holds money on your behalf. Garnishee Notices can be issued for both individuals and companies who have tax debts.
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Under Federal Government legislation which came into effect on 1 July 2018, purchasers of “new residential properties” are now required to withhold and remit GST to the ATO, at or before settlement. The legislation was enacted to avoid circumstances where property developers were failing to pay GST collected to the ATO. Instead, some developers in […]
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