by Team Garnet | Jul 7, 2021 | Small Business, Tax News
The ATO crackdown on individual taxpayers continues with another data-matching program on novated leases. Following on from the revelation that the bulk of tax collected by the ATO comes from individual taxpayers, it comes as no surprise that the ATO is continuing to...
by Team Garnet | Jun 23, 2021 | Business Structures, Small Business, Tax News
Get ready, tax time 2021 is fast approaching, the ATO noted it will be focusing on work-related expenses such as car and travel expenses. While the ATO annual statistics releases are usually quite dry and technical, it does give a nice insight into why the ATO does...
by Team Garnet | May 19, 2021 | Insurance, Superannuation
It is estimated that around 70% of Australians with life insurance hold it through their super fund. Having insurance through your super fund is tax-effective and has various advantages such as having cheaper premiums and usually having fewer health checks. Most funds...
by Team Garnet | May 13, 2021 | Assistance, Garnet Business Services
The government is now offering relocation assistance of up to $9,000 to help job seekers. Need help to relocate to take up a job? Job seekers can now take advantage of the government’s relocation assistance of up to $9,000 when they relocate to take up on-going work,...
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...
