by Team Garnet | Sep 30, 2021 | Business Structures, Small Business, Superannuation
There’ll soon be an extra step for employers that hire new employees in relation to the recent stapled super fund changes. Employers beware, from 1 November 2021, if you’re hiring new employees, there may be an extra step involved in determining which super fund...
by Team Garnet | Sep 1, 2021 | Small Business, Tax News
Has your business received State or Territory COVID-19 grants in the past tax year? If you have, you may not know that some grants may be taxable while other grants are not. After another challenging year, businesses may be wondering whether the amounts they’ve...
by Team Garnet | Aug 25, 2021 | Small Business, Tax News
As the sharing economy becomes more prevalent and fundamentally reshapes many sectors of the economy, the government is scrambling to contain the fallout. While there is no standard definition of the term sharing economy, it is usually taken to involve two parties...
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...
