by Team Garnet | Mar 31, 2021 | Business Structures, Small Business, Tax News
At the onset of COVID-19 in Australia in March 2020, many businesses moved fast to provide much-needed flexibility to allow their employees to work from home. As the end of the 2020-21 FBT year approaches, the question for employers then becomes, what are the FBT...
by Team Garnet | Mar 17, 2021 | Garnet Business Services
This month we’ve challenged ourselves by getting to get a little extra movement in our office for a great cause. The National Breast Cancer Foundation is running the 55 Squat Challenge to raise vital funds for further research. Yes, that’s 55 squats each...
by Team Garnet | Mar 10, 2021 | Business Structures, Small Business, Tax News
Tax planning or tax avoidance? Do you know the difference? While tax planning is a legitimate and legal way to arrange your financial affairs to keep your tax to a minimum provided you make the arrangements within the intent of the law. Any tax minimisation schemes...
by Team Garnet | Feb 17, 2021 | Superannuation, Tax News
The data-matching programs just keep coming from the ATO this year, this time it will be focusing on data pertaining to the temporary early access to super due to COVID-19 and the JobMaker Hiring Credit. In relation to the early access of super, the ATO will be...
by Team Garnet | Feb 10, 2021 | Small Business
Could your business use an extra $200 a week? With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, businesses that are seeking to employ additional workers but need a bit of help can apply for...
