by Quinns Blog | Nov 5, 2019 | Blog
As the deadline for lodging taxes draws near, the Australian Tax Office is warning of yet another scam that involves people impersonating the ATO via a text message. Key points: People are being asked to divulge personal details on a fake version of the myGov website...
by Quinns Blog | Oct 30, 2019 | Blog, Uncategorized
Section 192 of the Corporations Act 2001 (Cth) provides general obligations that apply to holders of an Australian Financial Services Licence (AFSL). These obligations state that an AFSL holder must, ‘do all things necessary to ensure that the financial services...
by Quinns Blog | Oct 30, 2019 | Blog
The Research and Development (R&D) Tax Incentive program is an initiative by the Australian Taxation Office (ATO), made to encourage companies to engage in R&D that benefits our nation. Now, thanks to a ruling by the Federal Court, companies can more readily...
by Quinns Blog | Oct 23, 2019 | Blog
There are current reports that the Government clawed back $200 million in the 2018 financial year from businesses who have claimed the R&D tax incentive. A number of complaints regarding this action by the Australian Taxation Office (ATO) have been heard; sourced...
by Quinns Blog | Oct 23, 2019 | Blog
The Australian Business Register (ABR) may now contact ABN holders to test the integrity of the register. The ABR has planned to contact a random sample of ABN holders across all entity types to confirm their business information, discuss how they use the ABN, and...