by Quinns_News | Aug 1, 2012 | Accounting News
The ATO has recently presented a draft determination (TD 2012/D4) clarifying instances where capital gains tax may arise following a trustee’s valid exercise of their powers under a trust deed to amend the terms of a settled trust. At present, ambiguity arises when an...
by Quinns_News | Aug 1, 2012 | Accounting News
What is Payroll Tax? Payroll tax is imposed by the Office of State Revenue (OSR) on an employer’s liable NSW wages minus any threshold entitlement. As the majority of entities employ staff, payroll is usually one of their largest expenses. It can be of either a...
by Quinns_News | Jul 25, 2012 | Consumer News
Unfair dismissal laws only cover employees who are covered by the national workplace relations systems. Other employees may have access to remedies under State legislation. An employee has been unfairly dismissed if Fair Work Australia (FWA) finds that: • they were...
by Quinns_News | Jul 25, 2012 | Accounting News
What is Workers Compensation? Workers compensation provides protection to workers and their employers in the event of a work related injury or disease. Through the workers compensation system, injured workers may have an entitlement to weekly payments, lump sums for...
by Quinns_News | Jul 18, 2012 | Accounting News
If you’re a director or secretary of a small company, you must follow the requirements set out in the Corporations Act 2001 (Corporations Act). Even if you appoint an agent to look after the company’s affairs, you—not the agent—may still be held responsible for those...
