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Notice to the EmployerGarnishee Form

Notice to the EmployerGarnishee Form

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If you have a tax liability, the ATO  has the power to issue a notice to a   third party who owes you money or  who may hold money on your behalf,   and require them to pay that money in satisfaction  of your tax liability. This is called a garnishee   notice. A garnishee notice can direct that  at a specific amount be paid to the ATO,   or it can direct that a percentage of the amount  owed to you be paid to the ATO. They are commonly   issued to banks, employers or any trade debtors or  clients of your business that the ATO is aware of,   but they can also be issued to a purchaser of land  if the ATO becomes aware of a sale, persons who   may hold trust moneys on your behalf such as  a solicitor or real estate agent, an insurer,   if the ATO becomes aware of a potential payout,  companies in which you hold shares and dividends   may be payable, and sometimes super funds. If the  ATO issues a garnishee notice to your employer,   typically they will specif

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