by Team Garnet | Mar 24, 2021 | Business Structures, Small Business, Tax News
With the end of March fast approaching, so too is the end of the Fringe Benefits Tax year which runs from 1 April 2020 to 31 March 2021. While FBT returns do not need to be lodged until 21 May 2021, for many businesses, now is the time to start getting organised in...
by Team Garnet | Feb 24, 2021 | Superannuation, Tax News
From 1 July 2021, the general pension transfer balance cap will increase from $1.6m to $1.7m due to indexation. “Indexation is a technique to adjust income payments by means of a price index, in order to maintain the purchasing power of the public after...
by Team Garnet | Feb 10, 2021 | Small Business
Could your business use an extra $200 a week? With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, businesses that are seeking to employ additional workers but need a bit of help can apply for...
by Team Garnet | Apr 2, 2018 | Tax News
Do you rent out a part of your home, or a holiday home, on Airbnb, Stayz or another sharing site? Perhaps you see this as a way of making a little extra income to help the household budget or to save for that holiday. But what you may not be aware of are the long term...
