by Team Garnet | Aug 18, 2021 | Superannuation, Tax News
From 1 July 2021, a whole raft of super changes as a part of the government’s more flexible superannuation has come into effect. Three of the most important superannuation changes consist of: the increase in bring-forward arrangement contributions cap, the removal of...
by Team Garnet | Aug 11, 2021 | Investments, Tax News
ATO is continuing its blitz on individuals with the extension of a data-matching program on lifestyle assets, find out what details will be captured here. Owners of lifestyle assets beware, the ATO has extended its data-matching program for another 2 years. The...
by Team Garnet | Jul 29, 2021 | Superannuation
Employers with manual payroll processes beware, the rate of super guarantee has increased to 10%, make sure you’re not underpaying super and avoid penalties. With the advent of a new financial year, there is an important change from 1 July 2021 that employers should...
by Team Garnet | Jul 23, 2021 | Tax News
Have you made a donation through workplace giving or a salary sacrifice arrangement? What you can deduct on your tax return may differ. With tax time well and truly upon us, many of us will be looking at what deductions we can claim in this year’s tax return. If...
by Team Garnet | Jun 9, 2021 | Investments, Tax News
Rental property owners beware, the ATO has commenced 2 data-matching programs designed to obtain a myriad of information to ensure that various income tax reporting obligations have been met. Specifically, the ATO will run a new data-matching program to collect...
