by Quinns_News | Sep 19, 2024 | Consumer News, Legal News
What is a testamentary trust? A Testamentary Trust is a trust established under a Will, which only comes into effect after the testator’s death. A Testamentary Trust operates differently to a regular Will as a it includes a Testamentary Trust Deed which governs...
by Quinns_News | Aug 27, 2024 | Accounting News
Is more than half of your income generated from a contract due to your personal efforts or skills, rather than from the use of assets, selling goods, or a business structure? If so, your income is considered Personal Services Income (PSI). What is Personal Service...
by Quinns_News | Aug 26, 2024 | Accounting News, Blog
Businesses and companies in Australia must meet various reporting requirements to comply with a range of regulations and necessities. The preparation and presentation of financial accounts are guided by the Australian Accounting Standards, which are developed by the...
by Quinns_News | Jul 29, 2024 | Accounting News, Legal News
Purchasing a business is an exciting opportunity, but it carries significant risks and consequences if not approached with the right advice and information. While professional one-on-one advice tailored to your situation is irreplaceable, here are some key...
by Quinns_News | Jul 22, 2024 | Accounting News, Blog, Tax Advice and Updates
Navigating the complexities of tax obligations can be challenging for taxpayers, especially when it comes to lodging objections against tax assessments. The Australian Taxation Office (ATO) provides clear guidelines on how taxpayers can lodge an objection outside the...
