by Team Garnet | Apr 29, 2021 | Investments, Tax News
Many of you have heard of family trusts, but perhaps don’t know too much about their benefits and how they differ from the usual non-fixed trusts. Essentially, a family trust is a trust where the trustee has made a valid family trust election (FTE) for tax purposes....
by Team Garnet | Apr 21, 2021 | Tax News
Did you use to do a lot of travelling for work… before everything changed last year? As we move to a post-COVID world where borders, both domestic and international, start to open back up, the issue of deductibility of certain business travel expenses are again...
by Team Garnet | Apr 14, 2021 | Superannuation
Do you know what happens with your superannuation funds if you pass away before using them? While we’re dutifully putting money into our super in the hopes of making our retirement more comfortable, many of us have not considered the possibility that we may not be...
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...
