by Quinns_News | Jan 13, 2016 | Accounting News
New laws have passed regarding depreciation that allow small businesses to claim an immediate deduction for assets they start to use – or have installed ready for use – provided each depreciable asset costs less than $20,000. This will temporarily replace the previous...
by Quinns_News | Dec 2, 2015 | Consumer News
The Details Yes, a nominated Executor may refuse the appointment of Executor for a deceased’s Estate. Such a refusal is called ‘renouncing’. In order for an individual to renounce their appointment as an Executor the solicitor acting for the Estate will be required to...
by Quinns_News | Dec 2, 2015 | Accounting News
While a trustee holds assets in the trust for the benefit of the beneficiaries in accordance with the trust deed, they have the right to be indemnified from any such assets. This means that the trustee can use the assets of the trust for that purpose prior to...
by Quinns_News | Nov 27, 2015 | Newsletter Features
The expectations and demands of businesses are inevitably changing and the office environment is vastly different from the past due to new workforce generations. Businesses need to learn to adapt to modern workplace demands to succeed or risk becoming unappealing to...
by Quinns_News | Nov 27, 2015 | Newsletter Features
Keeping your business’ terms and conditions up to date may not be at the top of your to-do list, but not keeping them up to date can leave your business open to serious consequences in the future. The law is constantly changing and penalties for non-compliance are...
by Quinns_News | Nov 27, 2015 | Newsletter Features
Have you ever asked yourself what is your business worth? Not because you want to sell it. But if you have worked really hard to build up the business, you deserve to know how much it is worth in the market point of view. Be aware that if you cannot sell your...
by Quinns_News | Nov 25, 2015 | Consumer News
Do you know the rules? Rule 1: Pay the right price for the property It sounds obvious but it is something that is often overlooked. It is usually considered one of the most crucial steps in achieving a successful investment. Ensuring that you pay the right price for...
by Quinns_News | Nov 24, 2015 | Accounting News
Last year, ATO data matching cross-referenced information reported in tax returns against over 600 million transactions provided to it by third parties to identify omitted income and gains, or incorrectly-claimed offsets or entitlements to exemption from surcharges....
by Quinns_News | Nov 24, 2015 | Consumer News
The Comparisons Both commercial and residential properties provide their own advantages and disadvantages. Prior to investing it is important to compare both options and identify which one is most suitable for you. Commercial properties are used by businesses for...
by Quinns_News | Nov 24, 2015 | Accounting News
The Tax Practitioners Board (TGB) has issued an information sheet [TBP(I) 09/2011] which explains when software providers are, or are not, performing tax agent or BAS services. The following are four examples that it provided where software providers are performing...
