by Quinns_News | Oct 30, 2013 | Tax Advice and Updates
On 9 October 2013, the ATO sent letters to all company directors that have unpaid superannuation guarantees amounts. The correspondence explains the obligations of directors and their personal risk when it comes to superannuation guarantee debts. Most directors...
by Quinns_News | Oct 23, 2013 | Tax Advice and Updates
Now that the Abbott government is settling in, it is worthwhile to take a look at their promises and the commitments that they made in the run-up to the election. Here is a list of some of the important commitments: • Self education expenses: There will be no $2,000...
by Quinns_News | Mar 5, 2013 | Tax Advice and Updates
The ATO has a responsibility to ensure businesses and individuals adhere to their tax obligations. If you’re a small business owner, the prospect of an audit can be intimidating. Don’t panic, the key to surviving your business audit is to be prepared. When the ATO...
by Quinns_News | Jan 23, 2013 | Tax Advice and Updates
The ATO continues to identify people who deliberately avoid their tax obligations or who may not be declaring all their income. By obtaining data from the state and territory motor vehicle registering bodies, the ATO matches the data against taxpayer records to...
by Quinns_News | Dec 5, 2012 | Tax Advice and Updates
The law in regards to motor vehicle usage for work can be quite complex. Under certain circumstances you can claim a deduction for expenses that you incur in using your car for work. Regardless of what you may hear from friends and family, it is important to know you...
by Quinns_News | Oct 31, 2012 | Tax Advice and Updates
The Taxation Administration Act 1953 (TAA 1953) has been amended recently to provide the ATO with discretion to retain certain refunds to undertake integrity checks on claims. The amendment is outlined in section 8AAZLGA, which received royal assent on Wednesday 27...
