by Quinns_News | Aug 25, 2023 | Accounting News, Consumer News, Tax Advice and Updates
As a foreign resident for tax purposes in Australia, it is important to understand the implications and application of capital gains tax (CGT) when disposing of assets. Below, we highlight the main points to be aware of when it comes to CGT for Foreign Residents in...
by Quinns_News | Jul 31, 2023 | Consumer News
There is no doubt that starting a business is a big decision. It involves a good amount of preparation and planning as well as a level of risk. While there are external factors that you cannot control that can impact the success of your business, there are plenty of...
by Quinns_News | Jul 11, 2023 | Tax Advice and Updates
There are a number of tax implications that relate to property development and subdivision in Australia. Ensuring that you are aware of the requirements can help you to accurately assess the financial feasibility, and avoid the shock of unexpected costs, on your...
by Quinns_News | May 17, 2023 | Blog
Are you making the most of CGT exemptions when it comes to your main residence? Do you know what you are eligible to claim and how to go about it? Do you know the difference between the 6 months rule and the 6 year rule? In a world where costs are constantly...
by Quinns_News | May 10, 2023 | Accounting News, Small Business News, Tax Advice and Updates
In the lead up to the announcement of the 2023 Federal Budget, the majority of the publicity centred on the Government’s promise to ease cost of living pressures. While those measures were detailed as the budget was delivered last night, Tuesday 9 May 2023, there were...
by Quinns_News | Apr 11, 2023 | Accounting News
It is a well known reality that when operating any kind of business, and especially in the current business climate of 2023, every cent counts. Of course, ultimately everyone wants to maximise profits and minimse liabilities (including tax). While there are regulatory...
by Quinns_News | Mar 11, 2023 | Accounting News, Tax Advice and Updates
Claiming work from home deductions in your tax return is set to be a whole lot harder with ATO confirming changes to what can be claimed and the requirements that must be met. The events of the past few years, and our changing work landscape in general, have certainly...
by Quinns Blog | Feb 6, 2023 | Accounting News, Blog, Newsletter Features
With rising rates of relationship breakdown, it is a common occurrence that the transfer of ownership of various assets and property types take place as the separating parties seek to settle their affairs. In general, the transfer of property triggers a Capital Gains...
by Quinns Marketing | Dec 8, 2022 | Accounting News, Small Business News, Tax Advice and Updates
Running a business can be an expensive undertaking, so any chance to recoup hard earned dollars should of course, be given suitable time and attention. One way that you can potentially do this is, to maximise your business tax deductions. You should ensure that you...
by Quinns_News | Nov 24, 2022 | Accounting News
Due diligence audits may sound technical and tedious – and in fact they kind of are – but they are also a critical part of purchasing a business. A thorough due diligence audit goes well beyond simply reviewing the financial statements to help you to gain...
