by Quinns_News | Aug 18, 2010 | Consumer News
Probate is a legal process that takes place after someone dies and usually involves several steps. Generally the executor of an estate (the person nominated in a person’s Will who administers the terms of the Will) will apply for probate and will oversee the...
by Quinns_News | Aug 16, 2010 | Accounting News
A director of a company that has a tax debt to the ATO (often in relation to PAYG withholding amounts) may be served with a Director Penalty Notice. The aim of a Director Penalty Notice is to make directors liable for their company’s unpaid tax debt. Director Penalty...
by Quinns_News | Aug 11, 2010 | Accounting News
One downfall to renting out an investment property is that Capital Gains Tax (CGT) will be payable upon the sale of the property. CGT is the tax charged on capital gains that are procured from an asset, you are liable to pay this tax when your capital gains exceed...
by Quinns_News | Aug 9, 2010 | Accounting News
In the eyes of the tax office, companies are treated much like individuals in that they are required to pay tax on their taxable income. This is usually at a rate of 30% and is also known as the corporate tax rate. All businesses in Australia are required to lodge an...
by Quinns_News | Aug 4, 2010 | Accounting News
Selling or buying a house can be a very stressful time. There are so many different things you have to do in a short amount of time and many details that can go wrong. Property settlement is where the seller and the buyer as well as any real estate agents or...