by Team Garnet | Mar 17, 2022 | Superannuation
The downsizer age limit will be lowered from 1 July 2022. If you’re thinking of downsizing, you can boost your super at the same time. To help those nearing retirement boost their super balances, those aged 65 and over are able to make downsizer contributions of up to...
by Team Garnet | Mar 2, 2022 | Assistance, Small Business, Tax News
Eligible businesses in need of financial help are able to take advantage of the loss carry back offset for the last time in their 2021-22 income tax return. They will have one last chance in their 2021-22 tax return to claim the loss carry back, which provides a...
by Team Garnet | Feb 24, 2022 | Small Business, Tax News
The government has proposed to make COVID-19 tests, both rapid antigen and polymerase chain reaction tests, tax deductible for individuals where they are purchased for a work-related purpose. After the recent furore over the non-existent supply of COVID-19 rapid...
by Team Garnet | Feb 17, 2022 | Garnet Business Services, Money
When I decided to do a No Spend Challenge for all of February, I signed up on a whim. Literally, the day before the start of the month. Why? To set myself up to fail? Or to set myself more of a challenge? Or just because I love to do things on the fly? Maybe a...
by Team Garnet | Feb 4, 2022 | Garnet Business Services, Money
This February 1st, I embarked on a “No Spend Challenge” for the month. 🚫 That meant consciously considering where my energy and money flows for travel, work & family. 💫 I also decided to be Intentional about all aspects of life. ✨ Yes, I chose a...