by Quinns_News | Aug 6, 2014 | Small Business News
Set up your Business for Success Social media has had a pervasive affect on society. From keeping in touch with family and friends to hosting countless ‘selfies’, no doubt you’ve engaged in one form or another with this well-known medium for connecting. What business...
by Quinns_News | Jul 30, 2014 | Small Business News
Value delivery is exactly as it sounds; the delivery of value to the customer. This can include order processing, inventory management, fulfilment, and customer support. Without value delivery, you can’t be a successful business. Read on to find out everything you...
by Quinns_News | Jul 23, 2014 | Financial Planning News
What is the Liquidation Process? When a company suffers from financial difficulty or insolvency, the company may go into liquidation. This can be done voluntarily or through a court order. Liquidation involves the company’s dealings winding up so that the business...
by Quinns_News | Jul 23, 2014 | Accounting News
You can only choose the depreciation method that is to be used to claim depreciation deductions on the fixtures and fittings within your investment property or properties once, so make sure you choose the method that is going to be most beneficial to you. Fixtures and...
by Quinns_News | Jul 16, 2014 | Accounting News
Purchasing commercial premises using your superannuation can be a financially rewarding investment strategy. Here, Chartered Accountant and SMSF advisor Peter Quinn explains the benefits of buying your business premises in your superannuation fund. Purchasing...
by Quinns_News | Jul 16, 2014 | Tax Advice and Updates
The ATO have stood by their belief that dividend washing is an illegal practice, slapping around 3000 fund managers, stock brokers and investors with a personal letter at the end of last month which threatened audits and steep penalties on those who did not “come...
by Quinns_News | Jul 9, 2014 | Consumer News
Could you be dealt Excess Contributions Tax? The Federal Court recently heard a case where the Commissioner had penalised a taxpayer with excess contributions tax (ECT) after, unbeknown to the taxpayer, his bookkeeper had made payments to his superannuation funds on...
by Quinns_News | Jul 9, 2014 | Legal News
There are many sections of the Corporations Act 2001 (Cth) (‘the Act’) that require some report to be handed to, or some notice to be given to a company’s creditors a certain number of days before a meeting is convened. For example, the Act requires liquidators to...
by Quinns_News | Jul 2, 2014 | Accounting News
Generally speaking, you do not have to pay capital gains tax (CGT) on any capital gain you make when you dispose of your main residence. But how do you prove that a certain property is your main residence? A recent decision by the administrative Appeals Tribunal has...
by Quinns_News | Jul 2, 2014 | Financial Planning News
There are a number of tax changes coming into effect as of 1 July 2014 that will affect all businesses. As a business owner, you need to ensure you are keeping up to date with all tax changes to make sure you are doing what’s right for your business and its employees....