by Quinns_News | Mar 14, 2018 | Blog
Broadly speaking, employees who travel overnight in carrying out their work are usually entitled to claim a tax deduction for the cost of meals, accommodation and/or incidentals (e.g., taxi fares) they incur in connection with that travel. If you have employees that...
by Quinns_News | Mar 14, 2018 | Blog
If a person (or debtor) owes you or your business more than $5,000 you may be able to apply to make them bankrupt. Before making someone bankrupt If a person is having trouble paying their debts, they may approach you as a creditor for assistance. Creditors are...
by Quinns_News | Mar 7, 2018 | Blog
Australians buying their first home or downsizing in retirement are about to receive a helping hand thanks to new superannuation rules which come into effect on July 1. From that date, first home buyers will be able to contribute up to $30,000 into their super fund...
by Quinns_News | Mar 7, 2018 | Blog
The legislation to introduce the purchaser GST withholding regime for supplies of new residential property has been introduced into Parliament. Once enacted, the changes will come into effect from 1 July 2018. The new regime will require purchasers of new residential...
by Quinns_News | Mar 7, 2018 | Blog
Until 2010, the Corporations Act 2001 allowed directors to pay a dividend to shareholders if sufficient profits or retained earnings existed (in the current year). Surprisingly, the Act did not specifically require directors to consider the company’s solvency at the...