by Quinns_News | Oct 13, 2010 | Accounting News
Good planning before you retire can make your retirement years smooth sailing. It is important to consider what age would be realistic and financially feasible for you to retire as opposed to simply when you would like to retire. Retirement differs for each person and...
by Quinns_News | Oct 11, 2010 | Accounting News
Changes to tax invoices and recipient created tax invoices (RCTIs) were introduced on 1 July 2010 in order to simplify the requirements for a document to be a tax invoice. A document may be considered to be a tax invoice, or RCTI, if it is issued by the supplier (or...
by Quinns_News | Oct 6, 2010 | Accounting News
If you’ve ever applied for credit or a loan, you will usually be listed with a credit reporting agency. Credit providers use the information in your credit report to help work out whether you can afford a loan, or a larger limit on an existing loan, and whether you...
by Quinns_News | Sep 29, 2010 | Consumer News
The NSW government recently introduced a new law, which provides people with the choice to make their agreements legally enforceable, when they resolve disputes through the NSW Government’s free community mediation service. This service is becoming an increasingly...
by Quinns_News | Sep 27, 2010 | Legal News
Debt recovery is a process many businesses are forced to go through due to ongoing or irresolvable problems with debtors. Debtors are customers that owe your business money for the good or service it provides. These debtors usually have a time period to pay the debt...
by Quinns_News | Sep 22, 2010 | Accounting News
A Self Managed Super Fund (SMSF) needs to be well structured, particularly with regards to its long term future. Whilst, passing on a SMSF is not something people generally like to think about, it is important that trustees and advisors are careful when preparing...
by Quinns_News | Sep 20, 2010 | Accounting News
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. Generally, registered businesses include GST in the price of sales to their customers and claim credits for the GST included in the price of...
by Quinns_News | Sep 15, 2010 | Accounting News
The NSW Home Builders Bonus (HBB) has been introduced to stimulate the construction of new homes in NSW. HBB provides a full exemption on stamp duty for new homes where the value does not exceed $600,000 and building has not commenced. It also applies to vacant land...
by Quinns_News | Sep 13, 2010 | Legal News
The first anniversary of the new Fair Work laws was on 1 July 2010. This date also saw the first pay period that the $26 per week national wage increase was introduced, along with higher award penalty rates, allowances, loadings and casual wages in some industries...
by Quinns_News | Sep 8, 2010 | Accounting News
The Australian Tax Office has a number of recent initiatives that may impact on your 2009-2010 Tax return. Please read the following list and consider whether they may benefit or affect your tax return or entitlements. • Removal of the baby bonus – The baby bonus...