by Quinns_News | Jan 22, 2014 | Small Business News
You should note that certain payments must be reported under the Building and Construction Industry regime. These payments involve: – A purchaser carrying on a business (or the activity is conducted in a commercial context) that is primarily in the BCI....
by Quinns_News | Jan 15, 2014 | Legal News
A testamentary trust occurs where a Will establishes a trust in which one or more assets of the deceased must be held on trust for the benefit of one or more beneficiaries. CGT roll-over relief (which allows the taxpayer to delay paying CGT) will not apply unless the...
by Quinns_News | Jan 15, 2014 | Accounting News
There has been a recent attempt to stamp out abuses of LAFHA benefits (such as employees converting taxable salary and wages into tax-free LAFH benefits that exceeded actual costs incurred by an employee whilst away from home). For example, additional conditions have...
by Quinns_News | Jan 8, 2014 | Consumer News
Privacy can mean different things to different people. Just to give a few examples, it can involve the protection of your bodily integrity, your peaceful and quiet enjoyment of property or even the preservation of important or secretive information. Although the...
by Quinns_News | Jan 8, 2014 | Accounting News
Employers could be fined for failing to correctly classify workers as employees rather than independent contractors (and thus failing to withhold payments under the PAYG tax scheme and failing to pay superannuation contributions). In the recent case of Farant, the...