by Quinns Blog | Oct 1, 2024 | Accounting News, Newsletter Features
Every Australian taxpayer is required to either lodge an annual income tax return or notify the Australian Taxation Office (ATO) if a return is not necessary. If a taxpayer fails to meet this obligation, the ATO may issue what is known as a “default...
by Quinns Blog | Apr 14, 2024 | Legal News, Newsletter Features
The passing of a loved one is often an extremely emotional and overwhelming experience, and things can be made even more difficult if there are disputes regarding the distribution of the Estate. In the wake of such loss, questions about who is entitled to claim assets...
by Quinns Blog | Mar 10, 2024 | Blog
As a company director in Australia, it’s imperative to understand and fulfil your key duties to ensure the smooth operation and legal compliance of your company. Failure to do so can result in severe consequences – financially and legally – for both...
by Quinns Blog | Oct 18, 2023 | Legal News, Newsletter Features
It is widely accepted, that for the most part, preparing a valid will ensures that your testamentary wishes will be carried out upon your passing. While of course that is the case in most instances, it is important to be aware that it is possible that sometimes the...
by Quinns Blog | Sep 9, 2023 | Accounting News, Newsletter Features
Division 7A of the Income Tax Assessment Act 1936 (ITAA 1936) is intended to prevent private companies from making tax-free distributions of profits, or “loans”, to shareholders (or their associates). It is important to understand not only what is, and isn’t,...