by Quinns_News | Oct 24, 2018 | Blog
Do you hold a foreign country passport and are you planning to invest in Australia? Approvals by Foreign Investment Review Board (FIRB) may be required prior to finalising your investment decision. Purchasing residential real estate Under Australia’s foreign...
by Quinns_News | Oct 24, 2018 | Blog
The Administrative Appeals Tribunal (‘AAT’) has in Mitchell v FCT held that a taxpayer was not eligible to deduct meal expenses in excess of his overtime meal allowance. Facts The taxpayer was an employee site surveyor who was employed under an enterprise bargaining...
by Quinns_News | Oct 17, 2018 | Blog
The Australian property market has declined in value by 2.2% over the past twelve months. Maybe this poses a buying opportunity for some or a selling necessity for others. The table below illustrates the change in property values over the past twelve months by capital...
by Quinns_News | Oct 17, 2018 | Blog
A will should be a true reflection of a person’s final wishes in relation to how their estate is distributed. Naturally, our wishes in relation to this are likely to change as our lives and circumstances change. Births, deaths, the purchasing of property, the...
by Quinns_News | Oct 17, 2018 | Blog
The Fair Work Commission (FWC) has increased casual retail workers’ penalty rates for weekday evening shifts and Saturdays, but reduced them for Sunday shifts. The new penalty rate changes will be phased in over the next three to five years for the retail industry....
by Quinns_News | Oct 10, 2018 | Blog
A recent speech by the ATO’s Assistant Commissioner for Superannuation demonstrates the very practical problems with the new superannuation rules. The $1.6 million transfer balance cap (TBC) that limits the amount you can hold in a superannuation pension requires...
by Quinns_News | Oct 10, 2018 | Blog
Often we receive enquiries from clients seeking an explanation of items contained in Schedule 1 of the Housing Industry Association (HIA)’s residential building contracts. Here is a list of common queries and explanations. Encumbrances, Covenants and Easements An...
by Quinns_News | Oct 10, 2018 | Blog
In a recent decision, the Federal Circuit Court of Australia (FCCA) found that a number of actors were engaged by a production company as independent contractors, not employees. This decision highlights the various complexities in determining whether an individual is...
by Quinns_News | Oct 3, 2018 | Blog
A person’s ability to make a will is referred to as testamentary capacity. Essentially, this is a person’s ability to understand what they are doing and the effect of their actions. A person must have testamentary capacity at the time of making their will in order for...
by Quinns_News | Oct 3, 2018 | Blog
If you want to operate a business in the home building industry, one of the first things you need to apply for, and then maintain, is a contractor licence that authorises your business to undertake the works which it has contracted to perform. Sometimes things happen...
