by Quinns_News | May 20, 2015 | Tax Advice and Updates
Division 7A is an integrity measure aimed at preventing private companies from making tax-free distributions of profits to shareholders (or their associates). In case where the Division 7A has been breached, the improperly distributed profit is deemed to be assessable...
by Quinns_News | May 20, 2015 | Accounting News
When you share the ownership of a capital gain tax (CGT) asset with others, you need to establish what each owner’s share or interest in the asset is. How to establish individual assets Individuals who own an asset as tenants in common (TIC) may hold unequal interests...
by Quinns_News | May 13, 2015 | Consumer News
The Government is currently discussing what changes should be made to the Significant Investment Visa (“SIV”) regime. Statistics indicate that up until 31 January 2015 there have been 2,075 lodged expressions of interest, which has resulted in 651 visas being issued....
by Quinns_News | May 13, 2015 | Small Business News
What is a WHS Management Plan? A Work Health & Safety (WHS) Management Plan is a written plan that describes the arrangements for managing various site safety management matters. The WHS Management Plan is prepared by the principal contractor prior to commencing...
by Quinns_News | May 13, 2015 | Consumer News
The 2015-16 Federal Budget focuses on small businesses with aggregated annual turnover of less than $2 million. 1. Small business · CGT-roll-over for small business restructures From 01 July 2016 small businesses with an aggregated annual turnover of...
