by Team Garnet | May 15, 2018 | Small Business, Superannuation, Tax News
The 2018-19 Budget was handed down on 8 May by Treasurer Scott Morrison who delivered what was widely perceived to be an election Budget with lots of sweeteners for everyone. So what’s in it for you? Businesses: While there were no specific tax cuts for businesses,...
by Team Garnet | May 7, 2018 | Superannuation
It is said there are only two things certain in life. Death and Taxes! What happens when they occur at the same time? Death of a loved one is not only a tumultuous time for the deceased family and friends but when the deceased is a member of a self-managed...
by Team Garnet | Apr 8, 2018 | Superannuation
Paying the right amount of superannuation to your employees can at times be a complex exercise, with the threshold changes in the recent years and the contribution base which changes every year according to indexation factors. With the rise of the gig economy there’s...
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...