by Quinns_News | Nov 24, 2015 | Consumer News
What are Exchange Traded Funds? Exchange Traded Funds or ETFs, are an investment fund, similar to a managed fund, traded on the stock market, similar to stocks. Most ETFs track an index such as a stock index or a bond index. Whilst many investors have moved away from...
by Quinns_News | Nov 24, 2015 | Legal News
A director can be liable for company debts in the following areas: Insolvent trading Insolvent trading occurs when a company incurs a debt that it is unable and fails to pay, at a time when a director knew, or should have known, that the company was insolvent....
by Quinns_News | Nov 24, 2015 | Accounting News
With the new financial year come new changes and adjustments to the tax system and your options for lodgement including the expanded use of your myGov account. The overwhelming paperwork and figures required by the Australian Tax Office (ATO) understandably makes this...
by Quinns_News | Nov 24, 2015 | Legal News
What is a Safe Work Method Statement (SWMS)? A SWMS is a document which provides information that is required when undertaking High Risk Construction Work. High Risk Construction Work involves: work carried out in area with artificial extremes of temperature a risk of...
by Quinns_News | Nov 24, 2015 | Accounting News
The debt owed to the Australian Taxation Office (“ATO”) has ballooned to over $19.5 billion. Tax debt has increased by 10% as of June 2014, compared to the previous year’s figures. It seems that the Australian tax debt is growing at a much faster rate than the ATO’s...
by Quinns_News | Nov 24, 2015 | Accounting News
As an employer you have an obligation to make 9.5% superannuation guarantee contributions on behalf of your eligible employees. Generally, you are required to pay super if you pay an employee $450 or more (before tax) in a calendar month. Superannuation payments –...
by Quinns_News | Nov 24, 2015 | Small Business News
The case of Fair Work Ombudsman v Longridge Pty Ltd involved the prosecution of a building company in South Australia for the underpayment of wages paid to its sales staff. Paying Sales Staff Wages – Information You Need to Know: Facts Longridge Group was a...
by Quinns_News | Nov 24, 2015 | Consumer News
An issue which causes a lot of confusion for owners of property under a Strata Scheme is understanding who is responsible for the maintenance of particular components within the lot. Is the individual owner of the lot or the Owners Corporation responsible? Generally,...
by Quinns_News | Nov 24, 2015 | Accounting News
The ATO has issued a fact sheet in relation to the off-market share buy-back that Telstra announced in 2014. The fact sheet provides advice for Australian resident investors who hold their shares on capital account and are subject to the CGT provisions. Participating...
by Quinns_News | Nov 24, 2015 | Legal News
What are the differences between a DCP and a LEP? A DCP, or Development Control Plan, provides detailed planning and design guidelines to uphold the planning controls in the LEP (Local Environment Plan). On the other hand, an LEP is a legal document prepared by the...
