by Quinns_News | Jun 26, 2013 | Consumer News
On 14 May 2013, the government announced in the 2013-14 Budget that it will phase out the net medical expenses tax offset. From 1 July 2013, taxpayers who received the offset in their 2012-13 income tax assessment will continue to be eligible for the offset for the...
by Quinns_News | Jun 19, 2013 | Accounting News
The end of the financial year is fast approaching and there are a range of taxation issues that businesses have to consider. It is important that you are aware of these issues and get everything in order before 30 June 2013. ATO Debts Address any ATO tax debt you may...
by Quinns_News | Jun 19, 2013 | Consumer News
With the end of the financial year just a few weeks away, there is no time to waste in preparing your tax plan. We have compiled a list of tips on the best ways to legally minimise your tax this financial year. Generally speaking, anyone who earns over the tax free...
by Quinns_News | Jun 12, 2013 | Consumer News
Tax payers are generally required to pay a certain percentage of tax depending on their level of income. Anyone who earns over the tax free threshold during the course of a financial year, 1 July – 30 June, is required to submit an individual tax return to the...
by Quinns_News | Jun 12, 2013 | Accounting News
Super Increase A reminder that as of July 1 2013, new superannuation obligations will have come into effect and businesses are required to comply with the new rules. The super compulsory guarantee for employees will increase to 9.25% from 9 percent to help Australian...