by Quinns Blog | Jun 12, 2020 | Legal News, Newsletter Features
What is a Restraint of Trade Clause? A restraint of trade in an employment contract refers to a clause applying typically when an employee leaves a business or company; it applies to post-employment. Essentially, it is an agreement that an employee will not do...
by Quinns Blog | Jun 12, 2020 | Financial Planning News, Newsletter Features
$20 Billion in unclaimed super, that’s a hell of a lot of super. That works out at $2,265 per every working Australian. If 50% of the working population have unclaimed super that’s $4,530 each. Say 10% $22,650 per person. If that money was invested now imagine what it...
by Quinns Blog | Jun 12, 2020 | Accounting News, Newsletter Features
For tax and employment-related reasons, distinguishing your worker as an employee or independent contractor can be a difficult yet vital necessity. The below purposes all require a different definition of contractors and employees, entitling the worker to different...
by Quinns Blog | Jun 10, 2020 | Uncategorized
The personal services income measures (the PSI rules) aim to provide similar tax treatment for personal services income (PSI), whether derived by an employee or a contractor. They also aim to prevent certain taxpayers from ‘alienating’ their PSI to another entity....
by Quinns Blog | Jun 3, 2020 | Uncategorized
The Federal Government has provided companies and boards much needed certainty about how they can meet their legal obligations over the next six months during the coronavirus pandemic. The changes recently announced and effected as of 6 May 2020 allow companies to...
by Quinns Blog | Jun 3, 2020 | Blog
An unfortunately common mistake, many vendors, testators and mortgagors’ names are incomplete or otherwise different from their identification documents (ID) i.e. driver’s licence, passport and birth certificate. The spelling of your name is significant when having...
by Quinns Blog | Apr 7, 2020 | Uncategorized
Small businesses impacted by COVID-19 shutdowns will receive grants of up to $10,000 under a new assistance scheme announced by the NSW Government on 3 April 2020. The NSW Government will put $750 million into the Small Business Support Fund as the centrepiece of a...
by Quinns Blog | Apr 7, 2020 | Blog
Trusts are widely used for investment and business purposes. A trust is an obligation imposed on a person or other entity to hold property for the benefit of beneficiaries. While in legal terms a trust is a relationship not a legal entity, trusts are treated as...
by Quinns Blog | Mar 31, 2020 | Blog
The JobKeeper Payment is a temporary scheme open to businesses impacted by the coronavirus. The JobKeeper Payment will also be available to the self-employed. The Government will provide $1,500 per fortnight per employee for up to 6 months. Employers will be eligible...
by Quinns Blog | Mar 31, 2020 | Blog
An essential aspect of the Federal government’s response to the coronavirus (COVID-19) outbreak is a temporary relief package for financially distressed businesses. As we have looked into briefly in our previous articles, this economic response plan by the government...
