by Quinns_News | Nov 27, 2014 | Newsletter Features
Promoting your small business doesn’t need to be expensive, it is all about choosing to invest in the right kind of advertising. There are many effective ways to boost your exposure on a budget. Here are 10 low-cost marketing strategies to promote your business,...
by Quinns_News | Nov 26, 2014 | Accounting News
Working Overseas? How it affects your Tax Australian residents are generally taxed on their worldwide income from all sources. Additionally, Australian residents for tax purposes are entitled to the tax-free threshold and are required to pay the Medicare Levy. The...
by Quinns_News | Nov 26, 2014 | Accounting News
You are liable to pay an income tax on your taxable income. To reduce your taxable income you can claim deductions for work-related expenses. Currently the ATO is focusing on the work-related expense claims. Common Claims 1. Using your computer, phone or other...
by Quinns_News | Nov 19, 2014 | Accounting News
Normally, if you make a tax loss in an income year you can carry it forward and deduct it in future years against income for tax purposes. You can generally carry forward a capital loss and offset it against a capital gain in later years. Also, you can claim a...
by Quinns_News | Nov 19, 2014 | Consumer News
Non-residents for tax purpose are required to pay income tax on Australia sourced income whether or not they are actually present in Australia. Interest income, unfranked dividends and royalties are not subject to income tax. The tax rates are different to the...
by Quinns_News | Nov 12, 2014 | Accounting News
The dividend imputation system eliminates double taxation when dividends are distributed to shareholders. The company pays a corporate tax on its profits. Later, a proportion of that tax is passed to the shareholders as a franking credit when the dividends are...
by Quinns_News | Nov 12, 2014 | Accounting News
If you are considering undertaking a project (eg. property development) you might be looking for a partner to join the assets, knowledge and expertise. What business structure is most suitable for you? Careful planning ensures that a proposed structure is tax...
by Quinns_News | Nov 5, 2014 | Consumer News
As we start winding down and looking forward to the holidays over Christmas and the New Year, many of us make plans to visit friends and family interstate, or head overseas for a white Christmas. It’s a joyous time of year, one in which we are certainly not thinking...
by Quinns_News | Nov 5, 2014 | Legal News
If you consider purchasing a business you should bear in mind tax implications where the acquisition includes intangible assets (eg. intellectual property). The legal definition of intellectual property (IP) includes intangible items such as patents, trademarks,...
by Quinns_News | Oct 29, 2014 | Accounting News
When you are buying a business you may incur various initial expenses before the transaction is actually completed. These costs include legal fees to draft a contract or expenses to carry out a due diligence audit of the acquiring business and other incidental costs....
