by Quinns_News | Mar 14, 2018 | Blog
It probably comes as no surprise to anyone that there is a significant under insurance gap between what we would need to maintain our standard of living should the unthinkable happen, and what we are actually covered for in the way of insurance. Australia is one of...
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...
by Quinns_News | Feb 28, 2018 | Blog
Things to Consider Are you considering investing in Bitcoin? If so, be aware of the following potential traps. 1. Assets purchased by a SMSF must be in the name of the Trustee and on behalf of the SMSF. The problem here is that a bitcoin wallet is a prerequisite for...
by Quinns_News | Feb 28, 2018 | Blog
Employees resigning from your organisation to work for a competitor, or to start up their own enterprise, can pose a serious risk to your business, in terms of the valuable business information they have acquired while working for you. While it is important for you to...
by Quinns_News | Feb 28, 2018 | Blog
Are your Windows Safe? If you are an owner in a strata property, are you aware that owners and owners corporations have an obligation to have window complying safety devices installed on all applicable windows by 13 March 2018. Windows affected are those that are...
by Quinns_News | Feb 21, 2018 | Blog
The legislation allowing first home buyers to save for a deposit on their home via their superannuation contributions has been passed by Parliament. Need to Know This legislation is otherwise known as “The First Home Super Saver Scheme”(FHSSS). From 1 July 2018, a...
