by Quinns Blog | Feb 6, 2023 | Accounting News, Blog, Newsletter Features
With rising rates of relationship breakdown, it is a common occurrence that the transfer of ownership of various assets and property types take place as the separating parties seek to settle their affairs. In general, the transfer of property triggers a Capital Gains...
by Quinns Marketing | Dec 8, 2022 | Accounting News, Small Business News, Tax Advice and Updates
Running a business can be an expensive undertaking, so any chance to recoup hard earned dollars should of course, be given suitable time and attention. One way that you can potentially do this is, to maximise your business tax deductions. You should ensure that you...
by Quinns_News | Nov 24, 2022 | Accounting News
Due diligence audits may sound technical and tedious – and in fact they kind of are – but they are also a critical part of purchasing a business. A thorough due diligence audit goes well beyond simply reviewing the financial statements to help you to gain...
by Quinns_News | Oct 26, 2022 | Accounting News, Small Business News
Last night,Tuesday 25 October 2022, the Labor Government delivered the much-anticipated updated 2022/23 Federal Budget. It’s the first budget for the new Government since coming into office earlier this year. While our federal budgets are usually delivered in May each...
by Quinns_News | Aug 30, 2022 | Accounting News
Owning rental property is a popular choice for investment and generating additional income. When administered correctly, there are many benefits to be had from owning rental properties, including tax benefits and deductions. Australia’s income tax system is based on...
by Quinns_News | Aug 15, 2022 | Blog
If you fail to lodge your tax return for a particular year, or the ATO has reasonable cause to amend the return that you have submitted, you may be issued a default or amended tax assessment. As income-earning individuals in Australia, we have a responsibility to...
by Quinns_News | Aug 2, 2022 | Tax Advice and Updates
Keeping good business records is more than just knowing which records to keep and for how long. Importantly, it is also about setting up systems and maintaining records in a way that makes it easier for you to monitor the progress of your business. With good business...
by Quinns_News | Aug 1, 2022 | Consumer News
A Will is likely to be one of the most important documents that you will prepare and sign in your lifetime. For this reason it is important to take the necessary precautions in order to prevent mistakes and misunderstandings. This is not only so your wishes can be...
by Quinns_News | Jul 19, 2022 | Accounting News, Legal News
As the NSW State Government seeks to recover funds after the increased challenges of the past couple of years, the 2022-23 NSW State Budget included a number of proposed measures for increasing revenue, as well as changes to the way some current practices are defined...
by Quinns Marketing | Jun 27, 2022 | Accounting News, Small Business News, Tax Advice and Updates
The start of the new 2022/23 financial year is just days away. And with the new year comes new changes and obligations. It’s also time to start wrapping up and reporting on what happened in the previous year. Here’s some of the important things you need to know, and...