by Quinns_News | Dec 17, 2014 | Accounting News
A Self Managed Superannuation Fund (SMSF) provides greater flexibility over your investments and certain tax concessions as a complying superannuation fund. However, many people do not realise that, in order to be a complying super fund and receive tax concessions,...
by Quinns_News | Dec 17, 2014 | Accounting News
When you make a certain payment (eg. dividends, interest and royalties) to non-residents you are required to withhold and remit tax to the Australian Taxation Office (“ATO”). A non- resident can be an individual, company, partnership, trust or super fund. In relation...
by Quinns_News | Dec 10, 2014 | Accounting News
Look Carefully for GST Goods and Services Tax (GST) was introduced on 1 July 2000. How does GST work? Broadly, GST is 10% tax that you must pay on goods and services and other items that you have sold or consumed in Australia. GST registered businesses will usually...
by Quinns_News | Dec 3, 2014 | Accounting News
Despite its best efforts to educate the general public, the ATO continues to receive business activity statements (BAS) containing many GST related errors. Find out more about the most common GST mistakes and how you can avoid them. The majority of errors relate to...
by Quinns_News | Dec 3, 2014 | Accounting News
Christmas is a wonderful time of year; a time for giving and sharing gifts with family and friends. For many of us, Christmas is also a time where we tend to overspend and spend a lot of money. Find out how you can avoid blowing the holiday budget with these handy,...
by Quinns_News | Nov 28, 2014 | Accounting News
In Australia, franchising is one of the fastest-growing business sectors. There are a number of advantages as well as certain drawbacks when buying a franchise. Before entering a franchise agreement the franchisor is obliged to send you a disclosure document, the...