by Quinns_News | Mar 11, 2023 | Accounting News, Tax Advice and Updates
Claiming work from home deductions in your tax return is set to be a whole lot harder with ATO confirming changes to what can be claimed and the requirements that must be met. The events of the past few years, and our changing work landscape in general, have certainly...
by Quinns_News | Nov 24, 2022 | Accounting News
Due diligence audits may sound technical and tedious – and in fact they kind of are – but they are also a critical part of purchasing a business. A thorough due diligence audit goes well beyond simply reviewing the financial statements to help you to gain...
by Quinns_News | Oct 26, 2022 | Accounting News, Small Business News
Last night,Tuesday 25 October 2022, the Labor Government delivered the much-anticipated updated 2022/23 Federal Budget. It’s the first budget for the new Government since coming into office earlier this year. While our federal budgets are usually delivered in May each...
by Quinns_News | Aug 30, 2022 | Accounting News
Owning rental property is a popular choice for investment and generating additional income. When administered correctly, there are many benefits to be had from owning rental properties, including tax benefits and deductions. Australia’s income tax system is based on...
by Quinns_News | Aug 15, 2022 | Blog
If you fail to lodge your tax return for a particular year, or the ATO has reasonable cause to amend the return that you have submitted, you may be issued a default or amended tax assessment. As income-earning individuals in Australia, we have a responsibility to...