by Team Garnet | Feb 4, 2022 | Business Structures, Small Business, Superannuation, Tax News
Is your business is offering rewards or incentives to your employees and/or the general public to get Covid-19 vaccination or the booster? There may be tax consequences. With most of Australia and the world still in the grips of the COVID-19 pandemic, many businesses,...
by Team Garnet | Jan 28, 2022 | Investments, Tax News
Cryptocurrency losses and scams are on the rise in Australia, depending on your circumstances, if you’ve been scammed, you may be able to claim a capital loss in some instances. With the recent collapse of a second Australian cryptocurrency exchange in as many months,...
by Team Garnet | Jan 20, 2022 | Insurance
If you have IP (income protection) insurance in your MySuper product, it’s time to check the details, including any “offset” clauses that may reduce the value of any claim Insurance within super is usually the most cost effective way for an individual to cover...
by Team Garnet | Dec 8, 2021 | Capital Gains, Tax News
If you’re building or substantially renovating your home, delays may end up costing you more than just money now. Most of Australia has been experiencing a building boom fuelled by government policy such as the HomeBuilder scheme and a general desire to make our...
by Team Garnet | Dec 1, 2021 | Business Structures, Small Business, Tax News
Do you know if your business is eligible to claim small business CGT concessions? If you’re thinking of retiring or selling your business find out more. If you’re a small business owner and the pandemic has made you reassess your future, whether it be retirement or...