by Quinns Blog | Jun 5, 2019 | Accounting News, Newsletter Features
Companies can carry forward tax losses and deduct them against income derived in later years, subject to satisfying certain rules that are designed to prevent trafficking in losses. These rules primarily allow a company to claim deductions for prior year revenue tax...
by Quinns Blog | Jun 5, 2019 | Accounting News, Newsletter Features
From 1 July 2017 (i.e. the 2018 financial year) investors have no longer been able to claim deductions for travel expenses relating to collecting rent from or for inspecting, maintaining or repairing residential premises used as rental properties, subject to certain...
by Quinns_News | Jun 15, 2016 | Accounting News
With the recent increase in debt recovery efforts by the Australian Taxation Office (ATO), many have resorted to negotiating payment arrangements. However, there are some downfalls to such arrangements. The recent decision of Smith v Bone [2015] FCA 389 highlighted...
by Quinns_News | Mar 23, 2016 | Accounting News
Are you a property investor or looking to get into the market? Being a property investor is not always easy, but here are some helpful tips that could help you along the way: Our Top Tips: Property return: You must understand that property provides a different return...
by Quinns_News | Mar 16, 2016 | Accounting News
More small to medium enterprises (SMEs) are turning to alternate funding to provide working capital as a result of banks increasing reluctance to lend. Turning to Debtor Finance? In recent times, there have been reports of small firms facing difficulties in securing...
by Quinns_News | Mar 2, 2016 | Accounting News
Franchising can be a very effective way of expanding and growing your business quickly. For a well-run business, with systems and processes in place, franchising can provide benefits and satisfaction to both parties. When is your business ready to franchise? • You...