by Quinns Marketing | May 10, 2022 | Accounting News
A recent agreement between credit reporting agency, Equifax, and the Australian Tax Office (ATO), will see business tax debt information made available as part of the business’ commercial credit reports. To date, the only other company that received business tax debt...
by Quinns Marketing | Mar 31, 2022 | Accounting News, Blog, Small Business News
On 29 March 2022, the Government’s 2022-23 Federal Budget was released. It introduced a number of new measures for businesses and individuals to benefit from, as well as many announcements significant in supporting you as a business owner and an individual. So, what...
by Quinns Marketing | Jan 31, 2022 | Accounting News
Update: The Federal government has announced it will make COVID-19 tests tax-deductible for Australian individuals and exempt from fringe benefit tax (“FBT”) for businesses when they are purchased for work-related purposes. We are currently updating our...
by Quinns Marketing | Dec 7, 2021 | Accounting News, Blog
If you’re a sole trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for the NSW Small Business Fees & Charges Rebate that was announced by the NSW Government last year. If eligible, you must apply before 24...
by Quinns Marketing | Nov 22, 2021 | Accounting News
The Australian Taxation Office (“ATO”) are cracking down on taxpayers claiming small business Capital Gains Tax (CGT) concessions when they are not entitled to. If you’ve claimed one or more Small business CGT concessions incorrectly in recent income tax returns, you...
by Quinns Marketing | Nov 9, 2021 | Accounting News, Newsletter Features
When someone passes away, their tax obligations may not immediately cease. Importantly, a legal personal representative may need to lodge a date of death (final) tax return on behalf of the deceased person. You may also need to lodge any outstanding tax returns. In...