by Quinns Blog | Aug 26, 2020 | Legal News, Newsletter Features
The taxpayer, trustee of the Mussalli Family Trust (MFT) was in the business of operating McDonald’s Family Restaurants. As part of this business, MFT entered into several lease agreements with McDonald’s Australia Limited (MAL). The lease agreements provided MFT with...
by Quinns Blog | Aug 26, 2020 | Accounting News, Newsletter Features
Division 7A applies to loans, payments and the forgiveness of loans by private companies to a shareholder or shareholder’s associate. The Division can also apply when a trust distributed income to a company but the trust has yet to pay the distribution i.e. there is...
by Quinns_News | Jun 15, 2020 | Newsletter Features, Small Business News
As a result of the COVID-19 pandemic, a lot about our lives changed almost overnight. Often, we didn’t know what to expect or what was going to happen next. Thankfully, our community, our country and the economy can now slowly start to repair. Whilst it is great to be...
by Quinns Blog | Jun 12, 2020 | Legal News, Newsletter Features
Poor performance is a difficult issue to bring up with employees, and in the current COVID-19 crisis it can be a challenging area to navigate should you as an employer wish to dismiss your underperforming worker. Many employers have held up performance management...
by Quinns Blog | Jun 12, 2020 | Legal News, Newsletter Features
What is a Restraint of Trade Clause? A restraint of trade in an employment contract refers to a clause applying typically when an employee leaves a business or company; it applies to post-employment. Essentially, it is an agreement that an employee will not do...
by Quinns Blog | Jun 12, 2020 | Financial Planning News, Newsletter Features
$20 Billion in unclaimed super, that’s a hell of a lot of super. That works out at $2,265 per every working Australian. If 50% of the working population have unclaimed super that’s $4,530 each. Say 10% $22,650 per person. If that money was invested now imagine what it...
