by Quinns_News | Jun 4, 2013 | Accounting News
The tax rates Australians will be paying for the 2013 financial year differ slightly from previous years. The tax-free threshold has more than doubled, and rates for those above the threshold have also changed. It is important that you are aware of these changes when...
by Quinns_News | May 15, 2013 | Accounting News
The 2013 Budget has made many changes that are going to impact you as an individual. We have summarised the major changes in this article. Benefits to Individuals Education Investing into Education schemes • $9.8 billion over six years in once in a generation...
by Quinns_News | May 15, 2013 | Accounting News
This 2013 budget has really focused on reforms that affect individuals, as well as tax hits on large, multinational companies – so where does that leave you, the SME owner? Well, there aren’t too many changes that you’ll need to worry about, however if you were...
by Quinns_News | May 1, 2013 | Accounting News
Partnership Business Structure Choosing which business structure to set up your business is a big decision. Each business structure has its advantages and disadvantages. Before making your final decision, it is important to undertake research to ensure you choose the...
by Quinns_News | Apr 10, 2013 | Accounting News
PAYG instalments is a system for paying amounts towards your expected end of year income tax liability. The Australia Tax Office (ATO) calculates your actual income tax liability when they assess your annual income tax return. To make sure your income tax assessment...
by Quinns_News | Apr 3, 2013 | Accounting News
New Changes Under draft regulations released recently by the Federal Government, superannuation funds will be exempt from tax on pension stream assets for deceased estates. These amendments give superannuation funds the right to tax exemption on investment earnings...
