by Quinns Blog | Sep 9, 2020 | Legal News, Newsletter Features
In a recent court case Federal Court of Australia Workpac Pty Ltd v Rossato, an employee that had previously been considered by their employer to be a casual employee was found not to be a ‘genuine casual employee’ and was therefore entitled to annual leave, personal...
by Quinns Blog | Sep 2, 2020 | Accounting News, Newsletter Features
At the Quinn Group, we deal with a lot of small to medium-sized enterprises (SMEs). With approximately 2.3 million SMEs in Australia, this is a large demographic of businesses. Most SMEs alarmingly, do not have any protection from a business structure and so it is...
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 Blog | Aug 18, 2020 | Legal News
New South Wales land held and purchased by a ‘foreign person’ is subject to the surcharge duties being the surcharge purchaser duty and surcharge land tax. A ‘foreign person’ includes individuals, corporations and trusts who are foreign. The State Revenue Legislation...
