by Team Garnet | May 26, 2021 | Business Structures, Small Business, Tax News
The 2021 Fringe Benefits Tax return for the period 1 April 2020 to 31 March 2021 is due soon. For those businesses that prepare their own returns, lodgment of the return can be made up until 25 June 2021 without incurring a failure to lodge on time penalty. Although...
by Team Garnet | May 4, 2021 | Garnet Business Services, Superannuation, Tax News
Did you know you can boost your super with a co-contribution from the government? If you’re a low or middle-income earner, you can take advantage of the government super co-contribution scheme to boost your super. The scheme works like this, for eligible individuals,...
by Team Garnet | Mar 31, 2021 | Business Structures, Small Business, Tax News
At the onset of COVID-19 in Australia in March 2020, many businesses moved fast to provide much-needed flexibility to allow their employees to work from home. As the end of the 2020-21 FBT year approaches, the question for employers then becomes, what are the FBT...
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 | Mar 17, 2021 | Garnet Business Services
This month we’ve challenged ourselves by getting to get a little extra movement in our office for a great cause. The National Breast Cancer Foundation is running the 55 Squat Challenge to raise vital funds for further research. Yes, that’s 55 squats each...
