by Quinns_News | Feb 6, 2013 | Consumer News
Investing in residential and commercial property for professionals and business owners is proving to be a popular self managed super fund strategy thanks in part to the change in borrowing rules and superannuants moving away from listed trusts, shares and managed...
by Quinns_News | Feb 6, 2013 | Accounting News
In Australia, businesses are required to charge a Goods and Services Tax (GST) at the rate of 10% on nominated goods and services that they supply to customers. The GST payable is included in the price paid by the recipient of the goods and services, and the supplier...
by Quinns_News | Jan 30, 2013 | Accounting News
At first instance, many people would presume that the answer to this residency question is a straight forward yes or no answer. However, given the ease and increasing prevalence with which companies and trusts now conduct international business and other transactions...
by Quinns_News | Jan 30, 2013 | Accounting News
The ’45 Day Rule’ Details In order to be eligible to claim the benefit of a franking credit attached to a dividend payment, an investor must have held the share in question “at risk” for at least 45 days continuously. This rule aims to prevent investors...
by Quinns_News | Jan 23, 2013 | Tax Advice and Updates
The ATO continues to identify people who deliberately avoid their tax obligations or who may not be declaring all their income. By obtaining data from the state and territory motor vehicle registering bodies, the ATO matches the data against taxpayer records to...
