by Quinns_News | Jul 13, 2016 | Blog
It is estimated that a couple require about one million dollars in retirement assets in order to fund a comfortable retirement. This will generate about one thousand one hundred dollars ($1,100) per week for approximately twenty five (25) years. That is, if a couple...
by Quinns_News | Jul 6, 2016 | Blog
An adverse action is any action that’s results in a disadvantage for the employee or alters their position unfavourably. Examples of adverse action include: Dismissal, refusal to employ Discriminating between an employee and other employees in the workplace Injuring...
by Quinns_News | Jul 6, 2016 | Blog
As tax season has just started in Australia for 2016 financial year and it is important that everyone remains vigilant of any potential tax related scams. Tax Related scams are most commonly conducted via email, mobile phone or telephone. The scammers may advise that...
by Quinns_News | Jun 30, 2016 | Blog
Recently the ATO increased focus on rental property deductions. You can claim expenses relating to your rental property but allowable deductions cannot be claimed in relation to a rental property unless the property is held for rental (genuinely available for rent) or...
by Quinns_News | Jun 22, 2016 | Blog
Are you currently thinking about selling your business? Many business owners have put their blood, sweat and tears into the creation and management of their business. And for this reason it is important that you ensure you do all that is possible to maximise your...
by Quinns_News | Jun 22, 2016 | Blog
A binding death benefit nomination (BDBN) indicates who the self-managed superannuation funds (SMSF) is to pay your death benefit when you die. The recent Queensland Supreme Court case of Munro v Munro highlighted the importance of ensuring that our BDBNs within SMSFs...
by Quinns_News | Jun 15, 2016 | Accounting News
With the recent increase in debt recovery efforts by the Australian Taxation Office (ATO), many have resorted to negotiating payment arrangements. However, there are some downfalls to such arrangements. The recent decision of Smith v Bone [2015] FCA 389 highlighted...
by Quinns_News | Jun 15, 2016 | Financial Planning News
Are you looking for a loan to finance your development? Finding the right loan can be a tough decision. When it comes to property development or any construction projects, the return on your investments (ROI) is important. How you finance your development can have a...
by Quinns_News | Jun 8, 2016 | Blog
A preliminary agreement is entered into between parties with an intention of concluding a more comprehensive agreement at a later date. From a legal standpoint, there are only two types – those that are legally binding and others that are not. Many industries now use...
by Quinns_News | Jun 8, 2016 | Blog
Are you looking to purchase a property in the name of your family trust? There are some tax implications if you are not careful. Prior to making any purchases in the name of your family trust you should find out the definition of the vesting date for your trust. This...
