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...
by Quinns_News | Jan 23, 2013 | Accounting News
How to Resolve Issues with the ATO? The ATO’s approach to dispute resolution focuses on working with you to avoid or resolve a dispute as early as possible. The law gives you the right to object to some decisions they make about your tax affairs, including most tax...
by Quinns_News | Jan 16, 2013 | Accounting News
As part of the 2012-13 Budget announcement, the Australian Government outlined proposed changes to Parenting Payment that will affect single and partnered parents who have been receiving Parenting Payment prior to 1 July 2006. The government has also made changes to...
by Quinns_News | Jan 16, 2013 | Small Business News
From the 2012-13 income year amendments have been made to the small business concessions. These amendments only apply if you are a small business that has an aggregated turnover of less than $2 million. Aggregated turnover includes the annual turnover of your small...
