by Quinns_News | Dec 20, 2012 | Accounting News
The ATO have recently spent $250 million on computer upgrades and are now generating even more notices, demands, garnishee orders, winding up notices and audit letters than ever before. They are charged with obtaining as much of the $4 billion of outstanding tax as...
by Quinns_News | Dec 12, 2012 | Accounting News
On 29 June 2012, changes were made to the tax laws to reduce the scope for companies to engage in fraudulent phoenix activity or to escape liabilities and payments of employee entitlements. These changes protect worker’s entitlements and strengthen...
by Quinns_News | Dec 12, 2012 | Financial Planning News
Christmas is fast approaching and another year is coming to a close. While you put your feet up over the break, take some time to reflect on 2012 and mentally prepare for the year ahead. Ask yourself the following questions: • What did (or didn’t) I achieve in...
by Quinns_News | Dec 5, 2012 | Small Business News
Let’s face it, Christmas is expensive. So if you’re looking to save a little extra cash this Christmas, follow these tax tips for your small business. Christmas is a time for giving, and your business can claim a tax deduction for any donations the business makes to...
by Quinns_News | Dec 5, 2012 | Accounting News
As a small business owner, tackling the day to day running of your business, it is important to remember that your next quarterly Business Activity Statement (BAS) is only around the corner. Lodging your BAS on time not only fulfils one of your obligations to the ATO,...