by Quinns_News | Aug 23, 2017 | Blog
An executor is an individual named in a Will to carry out the wishes of a person after they pass. It is important to choose the right executor as they are required to perform many important tasks, either themselves or by engaging professionals with the relevant...
by Quinns_News | Aug 16, 2017 | Blog
For retirees and pre-retirees, the government recently announced changes to superannuation allowing you to downsize your home and contribute part of the proceeds from the sale into your superannuation fund. This strategy may be attractive for people who are in...
by Quinns_News | Aug 16, 2017 | Blog
Payroll tax is applied to a business’s New South Wales (NSW) taxable wages that exceed the payroll tax threshold. The payroll tax threshold for 2018 financial year is $750,000. An employer is required to pay 5.45% payroll tax on taxable wages above this threshold. The...
by Quinns_News | Aug 9, 2017 | Blog
Accessing Superannuation To access your superannuation, prior to retirement, under the ATO’s financial hardship provisions you must satisfy the following conditions; 1. you cannot meet your day to day family living expenses, and 2. you have been receiving government...
by Quinns_News | Aug 9, 2017 | Blog
Using Testamentary Trusts Estate planning allows testators to exercise a higher level of control over the distribution and management of their wealth to beneficiaries. Testamentary trusts are an effective estate planning tool because of their ability to protect assets...