by Quinns_News | Jul 8, 2015 | Consumer News
In the event that a trust is created by way of settlement, it is recommended that a settlor should be a person who is not related to any of the beneficiaries, due to the application of s 102 of the ITAA 1936. Section 102 specifies the circumstances in which the...
by Quinns_News | Jul 1, 2015 | Consumer News
For a Will to be valid in New South Wales it must satisfy a number of formal requirements set out in legislation. However, a document may still be considered a person’s final Will even if it fails to comply with formal requirements (“informal will”). Section 8 of the...
by Quinns_News | Jul 1, 2015 | Legal News
It is important to correctly determine whether your worker is an employee or a contractor as different rules by different regulators apply to both. For example, the tax and superannuation obligations that are applicable to your worker are dependent on whether they are...
by Quinns_News | Jun 24, 2015 | Accounting News
Is your superannuation money safe from the ATO? In the event that you owe money to the ATO, it appears that your super fund is not out of their reach. The ATO has the power to collect monies owed directly from third parties who owe or hold money to or for the debtor....
by Quinns_News | Jun 24, 2015 | Legal News
In order to understand the difference between a Justice of the Peace (“JP”) and a Notary Public it is first necessary to define them. A JP is an independent and objective witness to documents that individuals use for official or legal purposes. The roles of JPs vary...
