by Team Garnet | Aug 17, 2022 | Assistance, Superannuation
SMSF COVID relief measures available for the 2019-20, 2020-21 and 2021-22 income years have ceased from 1 July 2022. What does this mean for your SMSF? Trustees of SMSFs should be aware that COVID relief measures that were previously in place have now ended. The...
by Team Garnet | Jul 8, 2022 | Superannuation
Transfer balance account reporting (TBAR) for SMSF will soon be streamlined after community consultation. In good news for trustees of SMSFs and after much community consultation, transfer balance account event-based reporting (TBAR) will soon be streamlined for...
by Team Garnet | Jun 22, 2022 | Business Structures, Small Business, Tax News
You are legally required to keep records of all transactions relating to your tax and superannuation affairs. Failing to keep correct records can have financial consequences. You are legally required to keep records of all transactions relating to your tax and...
by Team Garnet | Jun 9, 2022 | Superannuation
Considering making a personal contribution to super and would like to claim a deduction on the contributions made? Remember to give the required notice! If you are considering making a personal contribution to your super and would like to claim a deduction on the...
by Team Garnet | May 6, 2022 | Superannuation
Employers take note, the ATO could soon be taking a tougher stance in addressing super guarantee non-compliance. The Australian National Audit Office (ANAO) has recently issued a report on the results of an audit conducted on the effectiveness of ATO activities in...
