by Quinns Blog | Aug 18, 2020 | Accounting News
There are many things to look out for during tax time, but one thing that is mentioned far too little is that of tax considerations regarding trusts. In this article, we will delve into trusts and how to ensure you meet the ATO’s compliance requirements. It is...
by Quinns Blog | Aug 12, 2020 | Uncategorized
The new financial year often brings with it vital changes. This year in particular, (2020/2021) brings with it new minimum wages, national unfair dismissal regulations and tax thresholds/rates, as will be explored in this article. The annual wage review of the Fair...
by Quinns Blog | Aug 12, 2020 | Accounting News, Blog
The Personal Property Securities Register (PPSR) is a national register enabling businesses to secure their interests over tangible and intangible assets such as transportation, intellectual property, licenses and shares. It commenced in January 2012, with a maximum...
by Quinns Blog | Aug 5, 2020 | Blog, Employment and Human Resources News
Employers Beware of Unfair Dismissal The Case of Anderson v Theiss Pty Ltd [2014] FWC Material Facts Mr Anderson was dismissed from his employment following a work email he sent which was considered to be offensive to people of the Islamic faith. There were policies...
by Quinns Blog | Aug 5, 2020 | Blog, Employment and Human Resources News
The Fair Work Commission (FWC) and Fair Work Ombudsman (FWO) have both played an active role in the response to the COVID-19 pandemic. They have worked to vary modern employment awards to accommodate the need for flexibility and understanding in the workplace; as has...
by Quinns Blog | Jul 29, 2020 | Uncategorized
A recent matter heard in the High Court has left the issue of shadow directorship ‘out of the shadows’ in ASIC v King [2020] HCA 4. The concept of shadow directorship derives from the definition of ‘officer’ in the Corporations Act: “an officer of a corporation means...
by Quinns Blog | Jul 22, 2020 | Blog, Legal News
For the construction industry, adapting to COVID-19 has meant strict hygiene and safety practices have had to be implemented into everyday work. Below, we have delved into some of the key issues facing the construction industry now. Shortage of Skilled Labour Force In...
by Quinns Blog | Jul 22, 2020 | Blog, Employment and Human Resources News
For employees not covered by an employment award, changes implemented in the Miscellaneous Award 2020 from 1 July may have a considerable impact. The coverage of the Miscellaneous Award was previously limited to those who were in an industry that had a modern award...
by Quinns Blog | Jul 14, 2020 | Accounting News, Blog
Recent reform and the inception of illegal phoenixing legislation has targeted illegal phoenixing practices. Receiving royal assent on 17 February 2020, the Treasury Laws Amendment (Combatting Illegal Phoenixing) Act 2020 is now in force and provides such regulatory...
by Quinns Blog | Jul 14, 2020 | Accounting News, Blog
Capital Gains Tax (CGT) is a tax on the profit realized on the sale of a non-inventory asset such as property, real estate or stocks. In relation to wills, it is important to note that this tax can come into play when beneficiaries seek to vary gifts granted to them...
