by Quinns_News | Jul 27, 2016 | Blog
In Australia, the majority of life insurance policies are sold through superannuation funds, financial advisers or online websites. Some of the major insurers include AMP, TAL, CommInsure, MLC and AIA. However, many car dealers are also providing life insurance to...
by Quinns_News | Jul 27, 2016 | Blog
A trust does not cease to exist even though you have lost your trust deed. The trust relationship will continue as long as there is a trustee holding trust property on behalf of the beneficiaries. The issue that arises is the ability of the trustee to administer the...
by Quinns_News | Jul 20, 2016 | Blog
Each year the Australian Tax Office (ATO) places extra emphasis on particular areas of individual tax returns. This years the ATO will be focusing on work related expenses and claims made by owners of investment properties and holiday homes. With the increase of work...
by Quinns_News | Jul 20, 2016 | Blog
The ATO’s increased debt recovery efforts aimed at retrieving overdue tax debts has been a hot topic for quite some time. The ATO has focused its recovery efforts on Small to Medium Enterprises, lodging over 1,000 winding up applications in August and September last...
by Quinns_News | Jul 13, 2016 | Blog
The new Australian Auditing Standard ASA 701 “Communicating Key Audit Matters in the Independent Auditor’s Report”, will affect audit reports of financial statements ending on or after 15 December 2016. This new standard will require listed companies to include key...
by Quinns_News | Jul 13, 2016 | Blog
It is estimated that a couple require about one million dollars in retirement assets in order to fund a comfortable retirement. This will generate about one thousand one hundred dollars ($1,100) per week for approximately twenty five (25) years. That is, if a couple...
by Quinns_News | Jul 6, 2016 | Blog
An adverse action is any action that’s results in a disadvantage for the employee or alters their position unfavourably. Examples of adverse action include: Dismissal, refusal to employ Discriminating between an employee and other employees in the workplace Injuring...
by Quinns_News | Jul 6, 2016 | Blog
As tax season has just started in Australia for 2016 financial year and it is important that everyone remains vigilant of any potential tax related scams. Tax Related scams are most commonly conducted via email, mobile phone or telephone. The scammers may advise that...
by Quinns_News | Jun 30, 2016 | Blog
Recently the ATO increased focus on rental property deductions. You can claim expenses relating to your rental property but allowable deductions cannot be claimed in relation to a rental property unless the property is held for rental (genuinely available for rent) or...
by Quinns_News | Jun 22, 2016 | Blog
Are you currently thinking about selling your business? Many business owners have put their blood, sweat and tears into the creation and management of their business. And for this reason it is important that you ensure you do all that is possible to maximise your...
