by Quinns_News | Jun 4, 2013 | Accounting News
The tax rates Australians will be paying for the 2013 financial year differ slightly from previous years. The tax-free threshold has more than doubled, and rates for those above the threshold have also changed. It is important that you are aware of these changes when...
by Quinns_News | May 29, 2013 | Financial Planning News
From 31 May 2013, the federal government will have the power to claim funds from inactive bank accounts that have not been in use for the last three years. All bank accounts that hold more than $1 and have not had any deposits or withdrawals during this time frame...
by Quinns_News | May 29, 2013 | Consumer News
A self-managed super fund (SMSF) is a super fund that you manage yourself – giving you greater control over your super and more flexibility than you would get with a conventional super fund. An SMSF provides retirement benefits for its members in the same way as any...
by Quinns_News | May 29, 2013 | Financial Planning News
Before conducting business with anyone, it is very important to know who you are dealing with and what type of business you are dealing with. If the legal entity name and type of business structure is not clearly established prior to conducting business, the chance to...
by Quinns_News | May 22, 2013 | Financial Planning News
In April 2013, the Australian Financial Review reported that the Australian Tax Office (ATO) was chasing up debts owed by directors. The ATO has now issued warning letters to directors of companies that have unpaid Pay As You Go (PAYG) withholding amounts and unpaid...