by Quinns Blog | Jun 5, 2019 | Accounting News, Newsletter Features
Companies can carry forward tax losses and deduct them against income derived in later years, subject to satisfying certain rules that are designed to prevent trafficking in losses. These rules primarily allow a company to claim deductions for prior year revenue tax...
by Quinns Blog | Jun 5, 2019 | Accounting News, Newsletter Features
From 1 July 2017 (i.e. the 2018 financial year) investors have no longer been able to claim deductions for travel expenses relating to collecting rent from or for inspecting, maintaining or repairing residential premises used as rental properties, subject to certain...
by Quinns Blog | Jun 5, 2019 | Blog
If you manage a property, maintenance work will need to be done from time to time. A handyman or woman often comes to mind as a good low-cost alternative to engaging a licensed contractor, but they are limited in the types of work they can legally do. Engaging a...
by Quinns Blog | Jun 5, 2019 | Blog
End of the year financial tax planning With the end of the financial year fast approaching, there are many things that you as a business owner, company director or trustee have to consider, and it is important to be aware of these aspects and get them in order before...
by Quinns Blog | May 29, 2019 | Blog
Payroll tax is payable on all wages paid or payable to an employee. In most cases, it will be clear whether an employee/employer relationship or a principal/independent contractor relationship exists. However, there may be cases where the true character of the...