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...
by Quinns_News | Oct 26, 2022 | Accounting News, Small Business News
Last night,Tuesday 25 October 2022, the Labor Government delivered the much-anticipated updated 2022/23 Federal Budget. It’s the first budget for the new Government since coming into office earlier this year. While our federal budgets are usually delivered in May each...
by Quinns_News | Aug 30, 2022 | Accounting News
Owning rental property is a popular choice for investment and generating additional income. When administered correctly, there are many benefits to be had from owning rental properties, including tax benefits and deductions. Australia’s income tax system is based on...
by Quinns_News | Aug 15, 2022 | Blog
If you fail to lodge your tax return for a particular year, or the ATO has reasonable cause to amend the return that you have submitted, you may be issued a default or amended tax assessment. As income-earning individuals in Australia, we have a responsibility to...
by Quinns_News | Aug 2, 2022 | Tax Advice and Updates
Keeping good business records is more than just knowing which records to keep and for how long. Importantly, it is also about setting up systems and maintaining records in a way that makes it easier for you to monitor the progress of your business. With good business...
