If you cannot view this email, CLICK HERE
 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions
September 2009
 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

 

Accounting

- Small Business and General Business Tax Break

- The Education Tax Refund

Legal

- More protection for consumers with new legislation

- Buying property-is a Trust right for you?

Marketing

- Your company's database-untapping it's potential

- Value of client testimonials

Small Business

- 'Great' businesses can be 'small'

- 50% of businesses are uninsured

Featured Service

  - Quinn's Bookkeeping Services

From the Desk

- From the Principal, Michael Quinn

At Quinns...

- Christmas in July

Important Dates

- Dates to remember this quarter

Staff Profile   - Fiona Dunn

Client Spotlight

- Rizer

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

From the Principal, Michael Quinn

Welcome to the September edition of The Quintessential Brief. Once again we have compiled a jam-packed newsletter for you, our valued clients and associates.

Continuing with our commitment to provide you with holistic business advice to assist you in your endeavours we feature articles from Clarity Marketing about the little known importance of client testimonials and how you can have an effective marketing campaign on a minimal budget. We also have an article from Phil Tinslay of Salisbury Payne Tinslay Insurance Brokers which highlights the implications of being one of the 50% of businesses that are significantly underinsured.

Click here for more »

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

11 things to know about the Small Business and General Business Tax Break

The government has now formally introduced a generous investment allowance for both small and larger businesses in Australia. The first and original version of the legislation was introduced some time ago and various amendments were made before it finally received Royal Assent on 22 May 2009. If instigated correctly and in accordance with the legislation it can provide generous tax relief. However, it is also important to be aware of the strict penalties that apply for errors in claiming the allowance, especially if you made purchases before the legislation was formerly passed, as what may have been eligible under the first draft, may not be under the final version.

Click here for more »

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Can you or your family benefit from the Education Tax Refund?

A new government initiative, the education tax refund, can potentially cut your educational expenses in half. The refund aims to ensure that all students can have adequate access to the resources that they require and that they are not disadvantaged by the cost of some of those resources. Eligible parents who incurred education expenses for primary or secondary school students in their care on or after 1 July 2008 are able to claim a tax refund for a proportion of the incurred expenses.

Click here for more »

 

  Tax Time

It’s tax time again and to help make preparing your return easier we have developed The Quinn Group Tax Record Kit. Contact us on 1300 QUINNS or visit www.quinns.com.au/free-services to request a copy.

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

More protection for consumers with new Trade Practices legislation

The Commonwealth Government moved to introduce a new national consumer protection law in June this year (2009) when it passed Trade Practices Amendment (Australian Consumer Law) Bill 2009. This new law is modeled on a successful trial that has been operating in Victoria over the last few years and it is due to come into effect around the country on 1 January 2010.

Click here for more »

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

So your buying a property - is a Trust right for you?

Traditionally, most investment properties were purchased in the name/s of the individual/s that were acquiring them. Over time, as tax laws, business structures and the financial world has evolved, this has given way to the opportunity for properties to be purchased through other entities such as trusts and companies.

Click here for more »

 
The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Your company's database - untapping it's potential

 

 

Clarity Marketing

The simple truth of effective marketing is identifying and targeting the customers that match your service or product offering, and then communicating directly to them. Peter Cornelius, Managing Director Nielsen Media Research, says “there’s been a quantum shift from mass marketing to one-to-one communication”. People want communication that is personalised and relevant to them. That said, you’re possibly sitting on a valuable untapped opportunity – your database.

Click here for more »

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Value of client testimonials

 

Clarity Marketing

Client testimonials can prove to be a very powerful marketing tool. Testimonials create new clients as they increase potential customer confidence and generate a positive image of your business. Human nature is the key feature of why testimonials attract new clients. People love to discover what one person thinks of another. The positive “gossip” that a client testimonial creates can be used to promote your business and its services

Click here for more »

 

 
The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

'Great' businesses can be 'small'

 

Susan Rochester
Balance at Work Pty Ltd

No matter what size, all successful businesses have certain basic characteristics. While there may be variations in legal structure, every business needs business plans, systems and processes designed for growth, and resources to carry out the plan.

Click here for more »

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Are you in the 50% of businesses that are underinsured?

 

Phil Tinslay
Austbrokers Salisbury Payne Tinslay

Property insurance is essential, especially when there’s a global recession biting. Yet it is surprising how much underinsurance exists among small and medium enterprises (SMEs).

Click here for more »

 
The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Quinn's Bookkeeping Services

It is a requirement of every business to maintain a record of all their business’ transactions, in other words, maintain a bookkeeping system. A bookkeeper is often needed to perform this duty. The primary role of a bookkeeper is to identify, measure and record a business’ financial transactions.

Click here for more »

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Christmas in July

For our quarterly function this time around we decided that a Christmas in July celebration was in order. We started the party in our city office, playing Christmas tunes, popping crackers and exchanging Kris Kringle gifts. As a gift from “Santa Quinn” everyone received a personalised mug to save us some cup confusion in the office! We continued the party at the Meat & Wine Co in Darling Harbour where we enjoyed a beautiful 3 course meal served with complementing wines and traditional Christmas pudding. The evening was full of Christmas cheer and team bonding. These regular outings have become quite a treat and are always lots of fun. The only problem now is how do we top it next time!

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

6 September

Father's Day

3 October

School holidays begin (NSW)

4 October

Daylight Savings Begins

5 October

Labour Day

18 October

School Holidays end (NSW)

21 October

PAYG instalments notice due

28 October

Quarter 1 (July – September 2009)

  • Quarterly BAS due

  • GST instalment due

  • PAYG instalment due

  • Superannuation guarantee contributions to be made

31 October Due date for lodgement of annual income tax returns for individual self-preparers

3 November

Melbourne Cup Day

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Name

Fiona Dunn

Position

Accountant

The best thing about being a accountant is...

being able to keep up to date with the ever changing tax laws and issues. As one of my favourite clients once advised me: Mathematics-Logical, Money-Emotional!

I love coming to the office everyday because...

of colleagues. The feeling of teamwork is very gratifying!

When I am not at the office my favourite thing to do is...

to be outdoors, Whether in the garden, walking, cycling through a national park or having a few shandies in a beer garden!

On my next holiday I am going to...

Vietnam. I am lucky enough to have a month off next year sp 4 weeks of cycling, trekking, kayaking and of course shopping!

The last book i read was... 'The Girl Who Played with Fire' by Steig Lasson. The Sequel to 'The Girl with the Dragon Tattoo".

 

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Rizer

Name of your business?

Rizer

What does your business do?

We design, manage and produce a variety of events including social parties, fashion shows, theatre productions, product launches, award evenings and a range of corporate events and programs.

How long have you been operating?

We have been in operation since 2005. A young fresh team and a new approach in a tired events industry.

What distinguishes your business from your competitors

Our varied skill sets an our ability to have fun in all situations whilst still providing the highest level of service and producing professional events.

When I started this business I wished I'd known...

that being business owners, does not mean more holidays! (or weekends).

Best business advice anyone has given you?

First up, get a good accountant (which we did).

What do you think the key to your success has been to date?

Our honesty, the combined skills of the team, our fun approach to all projects and our ability

The Quinn Group, a Sydney legal and accounting firm has a team of accountants and lawyers who can address all of your legal and accounting needs and questions

Disclaimer: The contents of this document titled "The Quintessential Brief" (the "Material") are provided as general information only. It is not intended to be given as advice and should not be relied upon as such. If you are concerned about any issue raised by the Material then you should seek your own professional advice. No warranty is given in relation to the accuracy, currency or completeness of the Material. No reader should act on the basis of any matter contained in this publication without first obtaining specific professional advice. Where applicable, liability is limited by the NSW Solicitors Scheme under the Professional Standards Act 1994 (NSW), and other relevant state legislation. The Quinn Group respects your privacy. Should you not wish to receive this newsletter in the future please contact us on 1300 784 667.