by Team Garnet | Jun 17, 2022 | Small Business, Tax News
The ATO is reminding businesses this tax time 2022 to see if there are tax-deductible items or concessions they are able to access and to consider their record-keeping habits of the past year. As the end of another tax year approaches, the ATO has reminded businesses...
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 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 | May 13, 2022 | Small Business, Tax News
ATO is cracking down on GST fraud with Operation Protego, set up to investigation around $850m in potentially fraudulent payments. The ATO has lifted the lid on its most recent operation to stamp out GST fraud, Operation Protego, in order to warn the business...
by Team Garnet | Apr 28, 2022 | Investments, Tax News
It is estimated that more than 800,000 Australians participated in the crypto & digital assets market in the last three years. With the release of terms of reference for various reviews into the regulation and taxation of crypto & digital assets, it’s time to...