by Quinns_News | Sep 4, 2013 | Newsletter Features
Whilst running your own business gives you the freedom to be your own boss and work your own hours, the ATO estimates that many find it difficult to meet their tax and superannuation obligations. The main reasons for this are because they lack time or resources, or...
by Quinns_News | Sep 4, 2013 | Newsletter Features
The Australian Taxation Office (ATO) is cracking down on businesses exploiting contractors for financial benefits, with many business owners potentially facing heavy penalties for engaging in ‘sham contracting.’ Sham contracting is when an employer tries to disguise...
by Quinns_News | Sep 4, 2013 | Newsletter Features
Public Relations (PR) is a field of marketing communications which concentrates on developing and maintaining a public image. Smart organisations have initiatives in place to encourage, maintain or restore their image in the public eye. In the past, creating a new PR...
by Quinns_News | Sep 4, 2013 | Newsletter Features
Instagram is a fun and quirky way to share your business with followers through a series of pictures. With over 100 million active users, Instagram, which has been acquired by Facebook, is an attractive platform for businesses to promote their services and products....
by Quinns_News | Sep 4, 2013 | Newsletter Features
What is a Statutory Demand? A Statutory demand is a powerful business debt collection tool served on a debtor company by a creditor. Commonly used by the Australian Taxation Office, Workers Compensation Insurers and trade suppliers, a Section 459 Statutory Demand...
by Quinns_News | Sep 4, 2013 | Newsletter Features
An executor is a person appointed by another in a Will to act in respect of the estate of the testator upon his or her death. The role of the executor is to manage the estate within the terms of the Will and protect the assets of the estate. In general terms, an...
by Quinns_News | Sep 4, 2013 | Newsletter Features
Making contributions to your super is a great way to plan for your retirement. You can do this by salary sacrificing your super. Many people have heard the term ‘salary sacrifice’ but what does it actually mean? Salary Sacrificing is when you ask your employer to...
by Quinns_News | Sep 4, 2013 | Newsletter Features
The Australian Taxation Office has launched a campaign against tax avoidance schemes run by trust funds and debt-laden companies. The campaign encourages people whose trusts use these schemes to come forward voluntarily to avoid heavy penalties and possibly...
by Quinns_News | Aug 28, 2013 | Accounting News
When completing your tax return, you’re entitled to claim deductions for some expenses that are directly related to earning your income. You subtract these allowable deductions from your total income to arrive at your taxable income. You only pay tax on your...
by Quinns_News | Aug 28, 2013 | Accounting News
All businesses in Australia are required to lodge an annual company tax return. How your business lodges its annual income tax return depends on the type of business structure it operates under. Business Tax Lodgement Sole traders You report your taxable income or...
