by Quinns_News | Sep 12, 2012 | Accounting News
Failing to keep accurate track of your accounts receivable (that is, debts others owe to your business) can have many negative effects on the health of your business. If you have cash tied up in unpaid debts, this can severely affect your own ability to pay debts to...
by Quinns_News | Sep 4, 2012 | Newsletter Features
Goods and Services Tax (GST) was introduced on 1 July 2000 and is a tax charged on the sale of most goods and services in Australia. Essentially, businesses do not bear the economic cost of the tax. Businesses registered for GST include GST in the price of sales to...
by Quinns_News | Sep 4, 2012 | Accounting News
The Household Assistance Package started in May 2012. An initial payment from the government to eligible people has since been followed by the tax cuts that came into play on 1 July 2012. Many Australians will then receive ongoing assistance added to their regular...
by Quinns_News | Sep 4, 2012 | Accounting News
The New Home Grant Scheme was introduced on 1 July 2012 to stimulate the construction of new homes in NSW. The scheme provides a grant of $5000. This will be available to buyers of: • new homes, whether off the plan or newly built, that don’t exceed $650,000 in...
by Quinns_News | Sep 4, 2012 | Accounting News
Regardless of whether you are a new or existing business, it is important to think about your business structure. As a business grows it undergoes significant changes that can alter your tax requirements, as well as create a need for a change in business structure....