by Quinns_News | May 5, 2010 | Accounting News
Australia’s Future Tax System Review (AFTS), most commonly known as the “Henry Review” was released on 2 May 2010. The focus of the AFTS is a new Resource Super Profits Tax (RSPT) and the government intends this to be the first step in a ten year tax reform agenda....
by Quinns_News | May 3, 2010 | Financial Planning News
Consider for a moment what your most important business assets are. Your initial thoughts might include the obvious and tangible items, such as plant and equipment, motor vehicles or property. In many cases however, the most valuable asset is the intangible value of...
by Quinns_News | Apr 21, 2010 | Consumer News
New Legislation you need to know about The new National Consumer Credit Protection Legislation 2009 took effect on 1 April 2010. Under the new laws, if you currently engage in credit activities under state or territory legislation, and you want to continue to engage...
by Quinns_News | Apr 14, 2010 | Consumer News
A Power of Attorney is a legal document which involves an individual appointing another person (known as an attorney), to act on their behalf. The appointed attorney is usually a solicitor and generally has the authority to sign documents for the appointee. Depending...
by Quinns_News | Apr 12, 2010 | Small Business News
All GST registered business owners must lodge a Business Activity Statement (BAS) for each period, whether it be monthly or quarterly. Even if your business has not traded, that is, received income or incurred expenses, it is still vital that you complete the form...
by Quinns_News | Apr 7, 2010 | Accounting News
Anyone considering starting a business, or who already owns a business, is advised to write a business plan. There is no specific time to write one. A business plan can be written at the beginning, during, or at the exiting stage of your business’ life cycle. A...
by Quinns_News | Mar 31, 2010 | Accounting News
Tax debt is the amount of tax incurred during the previous financial year to which you owe to the Australian Tax Office (ATO). Debt to the tax office can become increasingly difficult to manage when the ATO enforces its penalties for late payment, thus creating even...
by Quinns_News | Mar 29, 2010 | Accounting News
Novated leases can provide benefits to both the employer and employee. A novated lease is a three way agreement which involves a vehicle being leased to an employee from a lease company, however you as an employer take on the employee’s obligations under the contract....
by Quinns_News | Mar 24, 2010 | Financial Planning News
Since the global financial crisis many investors have turned their interests from risky share market investments to instead preserving their capital. This preservation is of particular importance to savers approaching retirement and current retirees, due to the fact...
by Quinns_News | Mar 22, 2010 | Tax Advice and Updates
With the end of the financial year approaching at an amazingly fast rate, now is a prime time to start preparing your tax plan. Tax planning involves examining your business’ recent and updated financial records, BAS and your expected income for the coming quarter....