by Team Garnet | Jul 8, 2022 | Superannuation
Transfer balance account reporting (TBAR) for SMSF will soon be streamlined after community consultation. In good news for trustees of SMSFs and after much community consultation, transfer balance account event-based reporting (TBAR) will soon be streamlined for...
by Team Garnet | Jun 22, 2022 | Business Structures, Small Business, Tax News
You are legally required to keep records of all transactions relating to your tax and superannuation affairs. Failing to keep correct records can have financial consequences. You are legally required to keep records of all transactions relating to your tax and...
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 6, 2022 | Superannuation
Employers take note, the ATO could soon be taking a tougher stance in addressing super guarantee non-compliance. The Australian National Audit Office (ANAO) has recently issued a report on the results of an audit conducted on the effectiveness of ATO activities in...
by Team Garnet | Apr 13, 2022 | Investments, Money, Superannuation
The maximum amount that first home buyers can take out of their super under the FHSS scheme will be increased to $50,000 from 1 July 2022. Cost of living pressures coupled with high house prices means that many people in Australia are finding it increasingly difficult...
