by Quinns Blog | May 29, 2019 | Blog
Often times bankrupt debtors have large tax debts owed to the Australian Taxation Office (ATO). During bankruptcy, the debtor is obligated to lodge their income tax returns each year as normal. Generally, any personal income tax refunds will be retained by the ATO...
by Quinns Blog | May 22, 2019 | Blog
The terms of the trust deed for the member’s superannuation fund specify the persons who may benefit from the member’s death benefit. Usually, superannuation death benefits can be paid to a dependant of the deceased member or their legal personal representative (the...
by Quinns Blog | May 22, 2019 | Blog
Are you a customer of the Commonwealth Bank? Even if you’re not, you’re being targeted anyway – scammers are sending texts to Australians pretending to be the major bank with the goal of stealing your details. A number of texts, sent to an Australian that does not...
by Quinns Blog | May 15, 2019 | Blog
A superannuation death benefit is a payment you make to a dependant beneficiary or to a trustee of a deceased estate after the member has died. Superannuation death benefits do not automatically form part of the Estate of a deceased member. In many cases, the trustee...
by Quinns Blog | May 15, 2019 | Blog
Taxpayers, who rent part of their home, must declare the rental income in their income tax return. Several deductions for the associated expenses can be claimed, such as part or all of the interest on the home loan, a portion of water bills and so on. However, if...
