by Quinns Blog | Oct 25, 2021 | Accounting News, Blog
In an effort to combat illegal phoenix activity and fraudulent activity, the Australian Taxation Office (“ATO”) has introduced Director Identification Numbers (“Director ID”) to help prevent false or fraudulent use of director identities. What is Director ID? A...
by Quinns Blog | Oct 7, 2021 | Accounting News, Blog
When NSW reaches the 80% double vaccination rate, we’ll reach eased restrictions but we’ll also see the Federal Government end its contributions to the JobSaver payment. Lucky for many struggling employees and businesses, the NSW Government will continue to fund its...
by Quinns Marketing | Jun 10, 2021 | Accounting News
With the 2020-21 end of the financial year (EOFY) fast approaching, there are many things that you as a business owner, company director or trustee have to consider. It’s vital to be aware of these EOFY business action points and get them in order before 30 June,...
by Quinns Marketing | May 12, 2021 | Accounting News
On 11 May 2021, the Federal Budget for the 2021-22 financial year was handed down. A second ‘pandemic budget’, it contained many announcements significant in supporting you as a business owner and an individual. In this article, we examine the Federal...
by Quinns Marketing | Apr 8, 2021 | Accounting News
Changes to the superannuation guarantee (SG) are coming in 2021. From 1 July 2021 the compulsory superannuation guarantee rate will increase from 9.5% to 10%. What does this change mean for you and your employees? Here, we will discuss superannuation, your current...
by Quinns Marketing | Mar 11, 2021 | Accounting News, Tax Advice and Updates
Calculating deductions for an income tax return generally means following the guidance of the Australian Taxation Office (ATO), legislation and rulings from the Commissioner of Taxation. According to this guidance, work-related deductions, such as the costs associated...
