by Team Garnet | Mar 27, 2018 | Superannuation
The ATO’s small business superannuation clearing house (SBSCH) is a convenient service that allows a small business to make superannuation contributions for its employees in one single payment. It’s important to know that access to the service has recently...
by Team Garnet | Mar 26, 2018 | Superannuation, Tax News
Even if you avoid café brunches and keep a close eye on your everyday spending, saving a deposit to buy your first home can be a challenge. The First Home Super Saver Scheme, announced in the 2017–2018 Federal Budget, proposes using the superannuation system to help...
by Team Garnet | Mar 19, 2018 | Tax News
Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only applies to businesses that meet certain conditions and...
by Team Garnet | Apr 7, 2017 | Profit First
We all have debt, don’t we? We all hate debt right? Do we all have good concepts around paying ourselves first and managing debt? Have you been raised with the belief that debt can be a good thing? Haven’t we be raised believing that we need credit to get a good...
by Team Garnet | Dec 20, 2016 | Profit First
We are all in business to make a living, pay our bills and of course to make a profit. Yet every second person I speak to tells me “I haven’t paid myself ever,” “I can’t afford my bills,” “I can’t pay my tax.” But when we sit down and look at their figures using the...
