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...
by Quinns_News | Dec 11, 2013 | Consumer News
According to the ASFA Retirement Standard June 2013 quarter, below is the annual budget needed by Australians to fund a comfortable standard of living in their retirement years. Expenses ASFA Modest Standard of Living ASFA Comfortable Standard of Living Housing...
by Quinns_News | Dec 11, 2013 | Small Business News
Businesses only has a couple of weeks left to buy and install assets worth up to $6,500 to take advantage of the instant asset write-off provisions to be stricken from the tax law from January 1 2014. The small business concession, which applies to businesses making...
by Quinns_News | Dec 4, 2013 | Financial Planning News
Capital Gains Tax (CGT) can be a very complex issue especially for someone who is not familiar with tax law. CGT is a tax paid on any capital gain that is made in a given financial year. This can include the sale of a property, shares or managed fund investments. It...
by Quinns_News | Dec 4, 2013 | Financial Planning News
Unless you measure business performance, there is no way of telling whether your business requires attention. In order to improve profitability against your goals and benchmarks, you need to measure it against past results. This is done by measuring the current...