by Quinns_News | Jan 13, 2016 | Consumer News
The answer is no, not always. Much will depend on the nature and extent of the deceased’s assets. Where Probate has not been obtained, the estate is regarded as being administered ‘informally’. This may occur where organisations (such as banks) release funds and other...
by Quinns_News | Jan 13, 2016 | Accounting News
Both the Australian Securities & Investments Commission (“ASIC”) and the Australian Taxation Office (“ATO”) regularly investigate “Phoenix Transactions”. What is phoenix activity? Illegal phoenix activity refers to activities that involve the intentional transfer...
by Quinns_News | Jan 13, 2016 | Legal News
Termination Termination of employment occurs when an employee’s contract of employment with an employer comes to an end. This can happen because of dismissal, resignation or redundancy. What is unfair dismissal? An employee is considered unfairly dismissed if the Fair...
by Quinns_News | Jan 13, 2016 | Legal News
Identity theft is a type of fraud that usually involves stealing money or obtaining other benefits by pretending to be someone else. Identity theft can occur in a number of ways – from someone using your name to open bank accounts, take out loans, make purchases or...
by Quinns_News | Jan 13, 2016 | Accounting News
New laws have passed regarding depreciation that allow small businesses to claim an immediate deduction for assets they start to use – or have installed ready for use – provided each depreciable asset costs less than $20,000. This will temporarily replace the previous...
by Quinns_News | Dec 2, 2015 | Consumer News
The Details Yes, a nominated Executor may refuse the appointment of Executor for a deceased’s Estate. Such a refusal is called ‘renouncing’. In order for an individual to renounce their appointment as an Executor the solicitor acting for the Estate will be required to...
by Quinns_News | Dec 2, 2015 | Accounting News
While a trustee holds assets in the trust for the benefit of the beneficiaries in accordance with the trust deed, they have the right to be indemnified from any such assets. This means that the trustee can use the assets of the trust for that purpose prior to...
by Quinns_News | Nov 27, 2015 | Newsletter Features
The expectations and demands of businesses are inevitably changing and the office environment is vastly different from the past due to new workforce generations. Businesses need to learn to adapt to modern workplace demands to succeed or risk becoming unappealing to...
by Quinns_News | Nov 27, 2015 | Newsletter Features
Keeping your business’ terms and conditions up to date may not be at the top of your to-do list, but not keeping them up to date can leave your business open to serious consequences in the future. The law is constantly changing and penalties for non-compliance are...
by Quinns_News | Nov 27, 2015 | Newsletter Features
Have you ever asked yourself what is your business worth? Not because you want to sell it. But if you have worked really hard to build up the business, you deserve to know how much it is worth in the market point of view. Be aware that if you cannot sell your...
