by Quinns_News | Mar 8, 2010 | Small Business News
All companies that have employees must withhold income tax when they pay their employees, this is known as PAYG. That withheld tax becomes an automatic debt that is owed to the ATO by the company and if the company fails to pass it on before the due date the directors...
by Quinns_News | Feb 3, 2010 | Small Business News
Why you should prepare for the unexpected. Australia is home to many natural disasters. The devastating Victorian bushfires and Queensland floods shocked the nation as people struggled to imagine themselves having lost not only their homes but their livelihoods. Many...
by Quinns_News | Nov 30, 2009 | Small Business News
Winding up a business requires the liquidation of all that business’ assets. The reason for winding up a business could either be that the company is insolvent (can’t pay all of its debts) or its members want to end the company’s existence. How to Liquidate your...
by Quinns_News | Nov 9, 2009 | Small Business News
There are many things to think of when looking to start a business. From choosing a business structure and legal issues, to tax obligations and financial management, these are just some of the things to be considered so as to ensure the smooth set-up and running of...
by Quinns_News | Oct 26, 2009 | Small Business News
As the old adage states, “Fail to plan and you will plan to fail”. Whilst this may seem a little worn out it is still very relevant and true, particularly when it comes to business. For most business owners their business is a result of many years of hard work and...
by Quinns_News | Oct 19, 2009 | Small Business News
In a recent analysis of Australian Bureau of Statistics data it has been revealed that there has been surprisingly strong growth in the number of small businesses in Australia. Interestingly, the data also highlights that along with an extremely high failure rate, the...