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Understand NSW Payroll Tax

by Quinns_News | Jul 4, 2024 | Blog, Employment and Human Resources News

As a business owner in Australia, navigating various taxation obligations is crucial, including state-based payroll tax. Each state and territory has distinct payroll tax legislation, rates, and thresholds. Here, we’ll delve into the key aspects to help you...

Superannuation Changes Effective 1 July 2024

by Quinns_News | Jun 27, 2024 | Accounting News, Consumer News, Uncategorized

1 July 2024 marked an important date for changes to superannuation (commonly referred to as super) rates and rules, including the increase to the Superannuation Guarantee (SG) rate and super contribution caps.  As an employer, it is crucial to stay informed about...

2024-25 NSW State Budget: Impacts for You & Your Business

by Quinns_News | Jun 19, 2024 | Accounting News, Small Business News, Tax Advice and Updates

On Tuesday, June 18, 2024, NSW Treasurer Daniel Mookhey presented the 2024-25 NSW State Budget. With an $11.9 billion shortfall from this year’s GST distribution, the 2024-25 NSW State Budget focuses on essential expenditures while avoiding large-scale...

Trustee Resolutions & Division 7A Implications

by Quinns_News | Jun 11, 2024 | Accounting News, Tax Advice and Updates

As the end of the financial year approaches, business owners face a series of crucial tasks to finalise their financial and taxation obligations for 2023-24 FY and prepare for the new financial year. With the 30 June deadline approaching, there are two key items that...

Death and Taxes – Managing Tax Obligations

by Quinns_News | May 27, 2024 | Blog, Tax Advice and Updates

The adage “nothing is certain except for death and taxes” holds true across the world. In the unfortunate event of someone’s passing death and taxes can present a complex landscape for the deceased’s family and estate administrators. Among these complexities, the...
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