by Quinns_News | Mar 14, 2018 | Blog
If a person (or debtor) owes you or your business more than $5,000 you may be able to apply to make them bankrupt. Before making someone bankrupt If a person is having trouble paying their debts, they may approach you as a creditor for assistance. Creditors are...
by Quinns_News | Mar 7, 2018 | Blog
Australians buying their first home or downsizing in retirement are about to receive a helping hand thanks to new superannuation rules which come into effect on July 1. From that date, first home buyers will be able to contribute up to $30,000 into their super fund...
by Quinns_News | Mar 7, 2018 | Blog
The legislation to introduce the purchaser GST withholding regime for supplies of new residential property has been introduced into Parliament. Once enacted, the changes will come into effect from 1 July 2018. The new regime will require purchasers of new residential...
by Quinns_News | Mar 7, 2018 | Blog
Until 2010, the Corporations Act 2001 allowed directors to pay a dividend to shareholders if sufficient profits or retained earnings existed (in the current year). Surprisingly, the Act did not specifically require directors to consider the company’s solvency at the...
by Quinns_News | Feb 28, 2018 | Blog
Things to Consider Are you considering investing in Bitcoin? If so, be aware of the following potential traps. 1. Assets purchased by a SMSF must be in the name of the Trustee and on behalf of the SMSF. The problem here is that a bitcoin wallet is a prerequisite for...
