by Quinns_News | Aug 17, 2016 | Blog
Do you have a client that always has an excuse not to pay you? He tells you that he does not have money to pay you but you still see him drive away in a new BMW. When you contract with a company, you will not be able to claim your debt directly from the directors of...
by Quinns_News | Aug 10, 2016 | Blog
Underquoting occurs where an agent understates the estimated selling price of a property. This misleading practice that has been used by real estate agent can lead to individuals wasting time and money on inspection reports and legal advice. Recent amendments to the...
by Quinns_News | Aug 10, 2016 | Blog
Have you given some thought to what would happen if you were to go overseas or become unable to fulfil your duties as trustee of your SMSF? This is something that is often overlooked when people start their own SMSF. A trustee of a SMSF should complete an Enduring...
by Quinns_News | Aug 3, 2016 | Blog
What is a capital reduction? A company may reduce its share capital in two ways: Share cancellation; or Share buy-back. Generally, the purpose is to improve the capital structure of the business (debt and equity) in order to maximise value to its shareholders. Capital...
by Quinns_News | Aug 3, 2016 | Blog
There has been much debate over which investment strategy is the best when it comes to purchasing a property. The cash flow strategy involves identifying properties with a high rental yield. The objective is to receive more income than the total amount of your...
by Quinns_News | Jul 27, 2016 | Blog
In Australia, the majority of life insurance policies are sold through superannuation funds, financial advisers or online websites. Some of the major insurers include AMP, TAL, CommInsure, MLC and AIA. However, many car dealers are also providing life insurance to...
by Quinns_News | Jul 27, 2016 | Blog
A trust does not cease to exist even though you have lost your trust deed. The trust relationship will continue as long as there is a trustee holding trust property on behalf of the beneficiaries. The issue that arises is the ability of the trustee to administer the...
by Quinns_News | Jul 20, 2016 | Blog
Each year the Australian Tax Office (ATO) places extra emphasis on particular areas of individual tax returns. This years the ATO will be focusing on work related expenses and claims made by owners of investment properties and holiday homes. With the increase of work...
by Quinns_News | Jul 20, 2016 | Blog
The ATO’s increased debt recovery efforts aimed at retrieving overdue tax debts has been a hot topic for quite some time. The ATO has focused its recovery efforts on Small to Medium Enterprises, lodging over 1,000 winding up applications in August and September last...
by Quinns_News | Jul 13, 2016 | Blog
The new Australian Auditing Standard ASA 701 “Communicating Key Audit Matters in the Independent Auditor’s Report”, will affect audit reports of financial statements ending on or after 15 December 2016. This new standard will require listed companies to include key...