by Quinns Blog | Oct 12, 2020 | Accounting News, Newsletter Features
A nominee is a person, partnership or company that is entrusted to hold and administer shares or other property as the registered legal owner on behalf of the real owner (beneficial owner). The nominee holds the shares or property on trust and will have their name and...
by Quinns Blog | Oct 8, 2020 | Accounting News, Newsletter Features
The global nature of the business world in modern times has resulted in more and more people travelling overseas for work. The first and foremost tax consideration for those earning assessable income while they are overseas is whether they should still be classified...
by Quinns Blog | Oct 8, 2020 | Mergers & Acquisitions News, Newsletter Features
It is our view that an understanding of who a business’ customers or clients are and the risks associated with the business’ customer or client base (like the risks of customers not paying invoices or clients ceasing to engage the services of a business) should be...
by Quinns Blog | Oct 8, 2020 | Legal News, Newsletter Features
There are key differences to understand when it comes to put and call options in a property context. Essentially, an option is an enforceable right with respect to a property. An option is an agreement between a property owner and another for the owner to sell their...
by Quinns Blog | Oct 8, 2020 | Legal News, Newsletter Features
Estate planning for a blended family (i.e. a family in which a person has an existing spouse or partner and also children from a previous relationship) is important to ensure that all intended beneficiaries are provided for after you die and to minimise the potential...
by Quinns Blog | Oct 7, 2020 | Newsletter Features
In a recent ruling of the Fair Work Commission, a worker’s claim of an employment relationship was rejected as the level of control exercised over work deemed the relationship that of a contractor and principal. The worker agreed to sell Westral Sunshades products for...
by Quinns Blog | Oct 7, 2020 | Legal News, Newsletter Features
While many people may not know the difference, there is a range of distinctions between an aged care facility and a retirement village. In our article today, we will delve into the differences. First, retirement villages are governed by State Government regulations...
by Quinns Blog | Oct 7, 2020 | Accounting News, Newsletter Features
In the matter of Hiremani v Commissioner of Taxation [2020] heard by the Administrative Appeals Tribunal, a taxpayer (Hiremani) lost $30,000 in tax deduction claims due to inadequate record-keeping. In this case, Mr Hiremani, an employee of Abacus Innovations...
by Quinns Blog | Sep 30, 2020 | Newsletter Features
In a decision that affects all employers participating in the JobKeeper scheme, the Federal Court has answered a “short but important question” about calculating employees’ fortnightly pay. Justice Geoffrey Flick said the proceedings – involving...
by Quinns Blog | Sep 30, 2020 | Legal News, Newsletter Features
‘Debt-free’ is not always the state our loved one’s estates are left in when they pass away. Thankfully, the Bankruptcy Act 1966, “The Act” can assist our family when familial trials, conflict and physiological issues arise from a debt-filled estate. One of the...
