by Quinns_News | Apr 12, 2017 | Blog
Generally, meals and drinks purchased during work are considered as private expense that is a non-deductible expense to the employee. There is an exception where the employer pays an overtime meal allowance under an industrial award to the employee who is required to...
by Quinns_News | Apr 12, 2017 | Blog
Superannuation guarantee contribution is one of the major obligations of a business owner. Generally, superannuation guarantee (SG) payments must be made into complying super funds or retirement savings accounts by the quarterly due dates, which are 28 days after the...
by Quinns_News | Apr 5, 2017 | Blog
The ATO has an underlying expectation that taxpayers will pay their tax debts as and when they fall due. The ATO does not consider itself to be a credit provider and expects that tax debts be given the same priority as all other debts. Tax Debts The ATO will take...
by Quinns_News | Apr 5, 2017 | Blog
It is not uncommon for Australian citizens to leave Australia to advance their career goals by exploring job prospects in the overseas market. Unless certain criteria are satisfied you remain an Australian tax resident. Tax Obligations while working abroad The issue...
by Quinns_News | Apr 5, 2017 | Blog
Under the income tax law, a taxpayer carrying on a business can generally claim a deduction for expenses incurred in producing taxable income or that is required to carry on the business. Buying a client coffee or lunch may look to be a necessary business cost....