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...
by Team Garnet | Oct 22, 2021 | Capital Gains, Tax News
Taxpayers that have received gifts or loans from overseas family and relatives beware, the ATO is currently scrutinising these types of transactions. The ATO has recently issued an alert, warning taxpayers against disguising undeclared foreign income as gifts or loans...
by Team Garnet | Apr 7, 2021 | Investments, Tax News
What are capital works deductions? Understanding tax depreciation lingo can sometimes be confusing but as an investor, it’s important that you have a good understanding of the depreciation deductions you can claim to ensure you’re getting the most out of your...
by Team Garnet | Jun 18, 2018 | Capital Gains, Tax News
Did you know that if you’re selling your home you may need a capital gains withholding clearance certificate from the ATO? If you don’t, you may find a chunk of the sales proceeds from your home going to the tax man. The online process to obtain the certificate is...
