by Quinns_News | Dec 8, 2009 | Tax Advice and Updates
By now, most business owners would have at least heard about the small business tax break, however many of those owners may not have taken advantage of this incentive. The deadline is drawing near but it’s not too late to capitalise. Here is what you need to know to...
by Quinns_News | Nov 23, 2009 | Tax Advice and Updates
Christmas is slowly creeping up on us and most of the annual party preparations are underway. Not only will business owners be preparing Christmas Parties, they will be considering what gifts, if any, they will provide to clients and employees. However, an important...
by Quinns_News | Nov 16, 2009 | Tax Advice and Updates
To understand Capital Gains Tax, you must first understand what capital gains means. Put simply, Capital Gains are the difference between the buy and sell price of an asset i.e. profit. Capital gains tax (CGT) is the tax you pay on any capital gain (profit on an...
by Quinns_News | Jul 20, 2009 | Tax Advice and Updates
It is time to start organising yourself for 2008-09 tax return preparation and lodgement. The past financial year has seen some changes to the taxation landscape that will certainly make a difference to lot of Australian taxpayers this “tax time”. Changes include...
by Quinns_News | Jul 6, 2009 | Tax Advice and Updates
Work-related expenses are usually one of the most commonly claimed deductions on individual taxpayers returns. It is for this reason that these claims are also the most closely scrutinized by the Tax Office. The Tax Office regularly finds that this particular part of...
by Quinns_News | Jun 1, 2009 | Tax Advice and Updates
In the recent federal Budget the Government has confirmed that the proposed Investment Allowance will definitely be going ahead. In addition, they have increased the allowance for eligible small businesses from 30% to 50%. Following are a few frequently asked...
