by Quinns Blog | Jan 27, 2022 | Accounting News, Blog, Newsletter Features
With rapidly rising rates of relationship breakdown, Capital Gains Tax implications have never been more important to consider. A vital point of action in a divorce or separation, Capital Gains Tax can apply on assets transferred from one partner to another unless...
by Quinns Blog | Jan 24, 2022 | Legal News, Newsletter Features
If you’re in the world of corporations and companies, you may have come across the term ‘oppressive conduct’. But what is it and what does it mean in the context of minority shareholding? Let’s delve into this topic and discuss everything about oppressive conduct....
by Quinns Marketing | Dec 7, 2021 | Accounting News, Blog
Have you heard of the NSW Small Business Fees and Charges Rebate? If you’re a sole trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for this rebate, available until 30 June 2022. There are numerous costs you can...
by Quinns Marketing | Nov 22, 2021 | Accounting News
The Australian Taxation Office (“ATO”) are cracking down on taxpayers claiming small business Capital Gains Tax (CGT) concessions when they are not entitled to. If you’ve claimed one or more Small business CGT concessions incorrectly in recent income tax returns, you...
by Quinns Marketing | Nov 9, 2021 | Accounting News, Legal News
When it comes to land tax, there are a multitude of NSW land tax exemptions and concessions you can claim. In relation to your Principal Place of Residence (“PPOR”) i.e. your home, there are general requirements for these exemptions to apply. What are they and how can...
by Quinns Marketing | Nov 9, 2021 | Legal News, Newsletter Features
Passing a company resolution is an important part of any corporation’s processes. But what is a company resolution and how do you pass one? Let’s look into all the ins and out of passing a company resolution. What is a Company Resolution? A resolution is a formal way...
by Quinns Marketing | Nov 9, 2021 | Accounting News, Newsletter Features
When someone passes away, their tax obligations may not immediately cease. Importantly, a legal personal representative may need to lodge a date of death (final) tax return on behalf of the deceased person. You may also need to lodge any outstanding tax returns. In...
by Quinns Blog | Oct 25, 2021 | Accounting News, Blog
In an effort to combat illegal phoenix activity and fraudulent activity, the Australian Taxation Office (“ATO”) has introduced Director Identification Numbers (“Director ID”) to help prevent false or fraudulent use of director identities. What is Director ID? A...
by Quinns Blog | Oct 7, 2021 | Accounting News, Blog
When NSW reaches the 80% double vaccination rate, we’ll reach eased restrictions but we’ll also see the Federal Government end its contributions to the JobSaver payment. Lucky for many struggling employees and businesses, the NSW Government will continue to fund its...
by Quinns Blog | Oct 7, 2021 | Blog, Legal News
A recent case from the Fair Work Commission (FWC) has created a potential precedent regarding how COVID-19 vaccines, medical exemptions and the workplace may interact in the courts. In the matter of Kimber v Sapphire Coast Community Aged Care Ltd (2021), the...
