by Quinns_News | Dec 14, 2009 | Legal News
New Standards On 20 March, 2009 the federal parliament passed the Fair Work Act 2009 (FW Act). The FW Act sets out 10 minimum conditions of employment. These National Employment Standards (NES) will take effect on 1 January, 2010 and will replace the existing...
by Quinns_News | Dec 8, 2009 | Tax Advice and Updates
By now, most business owners would have at least heard about the small business tax break, however many of those owners may not have taken advantage of this incentive. The deadline is drawing near but it’s not too late to capitalise. Here is what you need to know to...
by Quinns_News | Nov 30, 2009 | Small Business News
Winding up a business requires the liquidation of all that business’ assets. The reason for winding up a business could either be that the company is insolvent (can’t pay all of its debts) or its members want to end the company’s existence. How to Liquidate your...
by Quinns_News | Nov 23, 2009 | Tax Advice and Updates
Christmas is slowly creeping up on us and most of the annual party preparations are underway. Not only will business owners be preparing Christmas Parties, they will be considering what gifts, if any, they will provide to clients and employees. However, an important...
by Quinns_News | Nov 16, 2009 | Tax Advice and Updates
To understand Capital Gains Tax, you must first understand what capital gains means. Put simply, Capital Gains are the difference between the buy and sell price of an asset i.e. profit. Capital gains tax (CGT) is the tax you pay on any capital gain (profit on an...
by Quinns_News | Nov 9, 2009 | Small Business News
There are many things to think of when looking to start a business. From choosing a business structure and legal issues, to tax obligations and financial management, these are just some of the things to be considered so as to ensure the smooth set-up and running of...
by Quinns_News | Nov 2, 2009 | Accounting News
When a company is no longer able to pay its debts using the company resources that are available it is determined to be insolvent. In the current economic environment, as a result of business forces, many business owners are finding that they are unable to meet their...
by Quinns_News | Oct 26, 2009 | Small Business News
As the old adage states, “Fail to plan and you will plan to fail”. Whilst this may seem a little worn out it is still very relevant and true, particularly when it comes to business. For most business owners their business is a result of many years of hard work and...
by Quinns_News | Oct 19, 2009 | Small Business News
In a recent analysis of Australian Bureau of Statistics data it has been revealed that there has been surprisingly strong growth in the number of small businesses in Australia. Interestingly, the data also highlights that along with an extremely high failure rate, the...
by Quinns_News | Oct 12, 2009 | Consumer News
In an attempt to attract greater foreign investment to Australia the Federal Government has recently doubled the current foreign investment thresholds. Current legislation dictates that foreign investors looking to purchase a share of 15% or more interest in an asset...
