by Team Garnet | Dec 21, 2022 | ATO, Small Business
The personal services income (PSI) rules ensure individuals cannot reduce their income tax by alienating their PSI through interposed companies, partnerships or trusts. Want to know how it may apply to you? The tax legislation contains special rules about personal...
by Team Garnet | Dec 14, 2022 | ATO, Small Business, Tax News
Second Commissioner Jeremy Hirschhorn delivered his speech at the IPA National Congress on 18/11/2022. The speech mostly covered how the ATO can help small businesses thrive. The theme of the Address was how the Tax Office can help small businesses thrive and survive....
by Team Garnet | Dec 8, 2022 | Superannuation
In a recent address, the Assistant Treasurer and Minister for Financial Services, Stephen Jones, outlined the changes the government will be pursuing in terms of superannuation in the future. From its beginnings in 1992, superannuation collectively has become a...