by Team Garnet | Aug 11, 2021 | Investments, Tax News
ATO is continuing its blitz on individuals with the extension of a data-matching program on lifestyle assets, find out what details will be captured here. Owners of lifestyle assets beware, the ATO has extended its data-matching program for another 2 years. The...
by Team Garnet | Aug 4, 2021 | Small Business, Tax News
If you’re a tenant or a landlord and have either received or given rental concessions, deferrals or waivers during the last financial year, here’s how the concessions should be treated. As many tenants and landlords turn their attention to their 2020-21 tax...
by Team Garnet | Jul 29, 2021 | Superannuation
Employers with manual payroll processes beware, the rate of super guarantee has increased to 10%, make sure you’re not underpaying super and avoid penalties. With the advent of a new financial year, there is an important change from 1 July 2021 that employers should...
by Team Garnet | Jul 23, 2021 | Tax News
Have you made a donation through workplace giving or a salary sacrifice arrangement? What you can deduct on your tax return may differ. With tax time well and truly upon us, many of us will be looking at what deductions we can claim in this year’s tax return. If...
by Team Garnet | Jul 7, 2021 | Small Business, Tax News
The ATO crackdown on individual taxpayers continues with another data-matching program on novated leases. Following on from the revelation that the bulk of tax collected by the ATO comes from individual taxpayers, it comes as no surprise that the ATO is continuing to...
