by Quinns_News | Mar 5, 2013 | Tax Advice and Updates
The ATO has a responsibility to ensure businesses and individuals adhere to their tax obligations. If you’re a small business owner, the prospect of an audit can be intimidating. Don’t panic, the key to surviving your business audit is to be prepared. When the ATO...
by Quinns_News | Mar 5, 2013 | Small Business News
Starting and running your own business involves a lot of blood, sweat and tears. Developing strategies and plans to grow your business are essential to its success and need to be re-evaluated as the business continues to grow or change. Whilst you may be years off...
by Quinns_News | Mar 5, 2013 | Accounting News
Your Possibilities Facing financial difficulties when it comes to your business can be a very traumatic time, especially if you are the one carrying the burden. If the company’s creditors are putting you under pressure, and you are constantly worrying about your...
by Quinns_News | Mar 5, 2013 | Accounting News
Tax offsets (often referred to as rebates) directly reduce the amount of tax you must pay. They differ from tax deductions, in that deductions reduce your total assessable income dollar-for- dollar and your tax payable at most by your marginal rate. Each dollar of tax...
by Quinns_News | Mar 5, 2013 | Accounting News
Organising you Records Keeping accurate records is vital for every business. Not only does it give you a good indication of the financial performance of your business, but it is also a legal requirement to do so. Records need to be kept for five years after they are...
by Quinns_News | Mar 5, 2013 | Consumer News
Positives of Business Blogging 1. It is a great “free” service you are providing for your customers Blogs are a great way to provide new tips and facts to your clients on a regular basis. By sending regular articles to clients they will be less likely to forget your...
by Quinns_News | Mar 5, 2013 | Newsletter Features
Your business logo is one of the most important assets of your business. It is the very first thing a customer sees and the last thing they remember. Logos help to shape the whole identity of your business. Briefing It is imperative to have a briefing with your...
by Quinns_News | Mar 5, 2013 | Accounting News
The ATO may issue the director of a company with a Director Penalty Notice (DPN) if the company has a tax debt to the ATO. The company then has a non-negotiable time frame of 21 days from when the notice was posted to pay the penalty. Failure to do so will result in...
by Quinns_News | Feb 27, 2013 | Accounting News
Purchasing an investment property has long been popular: being both a rewarding financial move and a beneficial experience. Notably, for all investors – from the seasoned property investor, first timers to the sporadic investor – purchasing an investment...
by Quinns_News | Feb 27, 2013 | Accounting News
A statutory demand is a written demand made against a debtor company to pay its debt to the issuing creditor. Section 459E of the Corporations Act 2001 provides that a creditor may serve a company with a statutory demand for a debt (or debts) due and payable (the...