by Quinns_News | Jan 11, 2012 | Accounting News
Corporate entities are afforded a lot of tax benefits and flexibility in the way that they manage their tax affairs, particularly in their treatment of available tax losses. One such benefit is the ability to carry forward losses accumulated in one income year for...
by Quinns_News | Jan 11, 2012 | Accounting News
Land tax is a tax levied on the owners of land in NSW as at midnight on 31 December of each year. In general, your principal place of residence (your home) or land used for primary production (a farm) is exempt from land tax. Landowners are generally liable for land...
by Quinns_News | Dec 21, 2011 | Accounting News
From 12 December 2011, the Australian Tax Office will send default assessment warning letters to some clients of tax agents with overdue income tax returns where the Tax Office has evidence these taxpayers received taxable income in the relevant financial years. These...
by Quinns_News | Dec 21, 2011 | Accounting News
Statistics indicate that the majority of the Australian public are under-insured. These statistics also indicate that in the event of the premature death of a parent, most Australian families would require at least ten years current annual income to ensure their...
by Quinns_News | Dec 14, 2011 | Consumer News
When we consider purchasing shares we generally think about capital growth. That is, whether the share price has gone up or conversely, gone down. If you are considering investments that provide steady income, Australian Industrial Shares may be a solution. The...
by Quinns_News | Dec 14, 2011 | Accounting News
Keeping good records requires more than just knowing which records to keep and for how long. It also includes setting up systems and maintaining records in a way that makes it easier for you to monitor the progress of your business to track business is improvement,...
by Quinns_News | Dec 7, 2011 | Accounting News
The Australian Taxation Office recently released its Compliance Focus for the new financial year. The Compliance program expresses the ATO’s particular concerns and their plans to combat them, with a focus on tax and superannuation compliance. A number of their...
by Quinns_News | Dec 7, 2011 | Consumer News
Land tax is a tax levied on the owners of land in NSW as at midnight on 31 December of each year. In general, your principal place of residence (your home) or land used for primary production (a farm) is exempt from land tax. If you own property other than your...
by Quinns_News | Dec 7, 2011 | Legal News
Under Section 8 of the Occupational Health and Safety Act 2000 (OHS), all employers have a duty of care to their employees. The most effective way of meeting this duty of care is to integrate health and safety concerns into your planning and implementation strategies....
by Quinns_News | Dec 7, 2011 | Consumer News
In the September quarter of the year alone, Australia saw 5,677 new bankruptcies. Bankruptcy occurs when an individual does not have enough money or assets to pay their debts, and is entered into by a formal process. Only individuals can be declared bankrupt – when a...
