by Quinns Blog | Feb 12, 2020 | Blog
A recent case heard by the Federal Court has seen the Australian Taxation Office (ATO) successfully challenge the eligibility of a vacant block of land in relation to Capital Gains Tax (CGT) small business (SB) concessions. This poses foremostly negative implications...
by Quinns Blog | Feb 12, 2020 | Blog
A will, in essence, is a document detailing how you would like your estate (assets and liabilities) handled after you pass away. It is often considered quite important to have one; particularly if you have specific intentions of who and where you wish to transfer your...
by Quinns Blog | Feb 5, 2020 | Blog
On 1 July last year, the Single Touch Payroll (STP) system was introduced for employers with less than 20 staff. This was to allow employers to report payroll data to the Australian Taxation Office (ATO). While a three-month transition period allowed these small...
by Quinns Blog | Feb 5, 2020 | Blog
A recent case of the High Court has clarified a key principle of the Corporations Act. Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth [2019] HCA 20, otherwise referenced as the Amerind case, raises implications that Australian employees’...
by Quinns Blog | Jan 29, 2020 | Blog
Under section 58 of the Bankruptcy Act 1966, an individual’s property including the family home, lies in the hands of the bankruptcy trustee once they are declared bankrupt. This trustee holds certain obligations to discharge and salvage the ownership of property for...