by Quinns_News | May 17, 2010 | Accounting News
In a move to make the payment of Superannuation contributions simpler for small business owners The Australian Government is introducing a free online Clearing House Service. The service will be available to small businesses with less than 20 employees from July 2010....
by Quinns_News | May 12, 2010 | Consumer News
The Hon Wayne Swan MP, handed down the Labour Government’s 2010 Budget yesterday evening, Tuesday 11 May. The key elements of the recent budget are: Setting the highest standards for responsible fiscal management, with the budget returning to surplus in 2012-13, three...
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....