by Quinns Blog | Sep 11, 2019 | Blog
A recent High Court judgement has helped resolve uncertainty around the treatment of employees in the insolvency and winding up of trading trusts. In June this year, the High Court of Australia dismissed an appeal in Carter Holt Woodproducts Australia Pty Ltd v The...
by Quinns Blog | Sep 11, 2019 | Blog
The ATO is taking a tougher stance on Superannuation Guarantee non-compliance and it could lead to errant employers facing harsh penalties – including a stint in prison. New legislation to Director Penalty Notices introduced on April 1, 2019, gives the ATO powers to...
by Quinns Blog | Sep 4, 2019 | Blog
An employee of one of our clients wants to use a combination of accrued annual leave and long service leave entitlements to take 6 months leave. The question asked of us was whether our client’s business is legally obliged to accept the employee’s request for extended...
by Quinns Blog | Sep 4, 2019 | Blog
There are four commonly used business structures in Australia: Sole trader- an individual operating as the sole person legally responsible for all aspects of the business. Like other structures, as a sole trader, you can employ people to help you run your business....
by Quinns Blog | Aug 28, 2019 | Blog
We only have to look at the George Calombaris scandal to see what damage underpaying staff can do to a business. And whether you agree or disagree with the furore surrounding this case, one thing can be established here. The Fair Work Ombudsman (FWO) can and will...
by Quinns Blog | Aug 28, 2019 | Blog
Tradespeople, cleaners, taxi drivers, farmers, doctors and lawyers could be inadvertently caught up by a proposed law that would allow the Australian Taxation Office (ATO) to report alleged debts to credit reporting agencies, according to submissions to a federal...
by Quinns Blog | Aug 21, 2019 | Blog
To qualify as a small business under the Small Business Fair Dismissal Code, a business must employ fewer than 15 employees, including: Employees in related entities, e.g. subsidiaries or parent companies, including those outside Australia; Part-time employees; and...
by Quinns Blog | Aug 21, 2019 | Blog
The ATO has also reminded employees that how they get their end of financial year information from their employer, showing their earnings for the year (i.e. their payment summary or income statement) depends on how their employer reports their income, tax and super...
by Quinns Blog | Aug 14, 2019 | Blog
A credit bureau is a body that collects, holds and distributes data from credit providers that pertain to a borrower’s financial history. This information forms your credit report. Each of the credit reporting agencies operating in Australia has to send you a...
by Quinns Blog | Aug 8, 2019 | Blog, Uncategorized
Hill v FCT (2019) AAT 1723 The Tribunal has held that a taxpayer who traded shares was not carrying on a business, and therefore, was not entitled to claim losses or carry them forward in the 2015, 2016 and 2017 income years. It was found that overall the share...
