by Team Garnet | Mar 24, 2023 | Assistance, Families, Money
Families with children in care arrangements could soon see the benefits of cheaper childcare with the passing of the government’s childcare subsidy reforms. Families struggling with the current cost of living crisis could soon have some relief with cheaper childcare...
by Team Garnet | Nov 3, 2022 | Assistance
Parents could soon be paying less for childcare if the affordable early childhood measures introduced by the government passes Parliament. To fulfil its election promise, the government has recently introduced a Bill to make early childhood education and childcare...
by Team Garnet | Oct 26, 2022 | Assistance, Money, Pensioners
Changes to allow pensioners to work for longer and earn more money without loser their pension and other social security benefits have been introduced. As a result of the government’s recent Jobs Summit and responding to pressure from employer and agricultural lobby...
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 | May 18, 2022 | Assistance, Superannuation
Due to COVID-19, trustees of a Self Managed Super Fund may provide or accept certain types of relief, which constitute contraventions of the super laws, the ATO is offering support to SMSF trustees. You may also have been stranded overseas because of travel bans,...
by Team Garnet | Mar 2, 2022 | Assistance, Small Business, Tax News
Eligible businesses in need of financial help are able to take advantage of the loss carry back offset for the last time in their 2021-22 income tax return. They will have one last chance in their 2021-22 tax return to claim the loss carry back, which provides a...