by Quinns_News | May 25, 2016 | Blog
A cost plus contract is a contract commonly used in the building industry that allows for payment of direct costs of the work (e.g. labour and materials) to a set limit plus an agreed percentage or fixed sum (sometimes referred to as the “builder’s fee”). Such a...
by Quinns_News | May 25, 2016 | Blog
Both the Bankruptcy Act 1966 and Corporations Act 2001 were introduced at different times with different objectives in mind. Over the years a number of inconsistencies have grown between them, some examples of which will be provided below. Acting as Company Director...
by Quinns_News | May 18, 2016 | Blog
Is your Information Being Shared? The ATO has recently declared it has undertaken its first automatic sharing of bank information with the US Internal Revenue Service (IRS). This has resulted in over 30,000 financial accounts worth over $5 billion being provided to...
by Quinns_News | May 18, 2016 | Blog
It is common that when people get older they want a more simplified superannuation structure and a SMSF is not necessarily the optimal structure. The following highlights the main implications to closing down your SMSF and rolling over the funds, to say, an industry...
by Quinns_News | May 11, 2016 | Small Business News
Are hard copies of board minutes required to be kept? Nowadays, with all the technological advances many are asking whether companies can keep records of minutes electronically (e.g. PDF version). According to section 251A(1) of the Corporations Act 2001 (‘the Act’),...
