by Quinns_News | Jul 10, 2013 | Legal News
It is the responsibility of all businesses to employ legal workers. Legal workers are Australian citizens, permanent residents and non-citizens with Australian visas that allow them to work. Some visas, for example some visitor visas, do not allow non-citizens to work...
by Quinns_News | Jul 3, 2013 | Consumer News
It was recently reported that rental property deductions have surged in recent years as investors prefer bricks and mortar to shares as the preferred investment strategy. The Australian Taxation Office (ATO) is now targeting more than 110,000 rental property owners...
by Quinns_News | Jun 26, 2013 | Legal News
The end of the financial year is fast approaching – if you operate a business or investments though a trust you will need to have your trust account distribution minutes determined by 30 June. Backed by this year’s federal budget, the Australian Tax Office (ATO) will...
by Quinns_News | Jun 26, 2013 | Consumer News
On 14 May 2013, the government announced in the 2013-14 Budget that it will phase out the net medical expenses tax offset. From 1 July 2013, taxpayers who received the offset in their 2012-13 income tax assessment will continue to be eligible for the offset for the...
by Quinns_News | Jun 19, 2013 | Accounting News
The end of the financial year is fast approaching and there are a range of taxation issues that businesses have to consider. It is important that you are aware of these issues and get everything in order before 30 June 2013. ATO Debts Address any ATO tax debt you may...
by Quinns_News | Jun 19, 2013 | Consumer News
With the end of the financial year just a few weeks away, there is no time to waste in preparing your tax plan. We have compiled a list of tips on the best ways to legally minimise your tax this financial year. Generally speaking, anyone who earns over the tax free...
by Quinns_News | Jun 12, 2013 | Consumer News
Tax payers are generally required to pay a certain percentage of tax depending on their level of income. Anyone who earns over the tax free threshold during the course of a financial year, 1 July – 30 June, is required to submit an individual tax return to the...
by Quinns_News | Jun 12, 2013 | Accounting News
Super Increase A reminder that as of July 1 2013, new superannuation obligations will have come into effect and businesses are required to comply with the new rules. The super compulsory guarantee for employees will increase to 9.25% from 9 percent to help Australian...
by Quinns_News | Jun 4, 2013 | Consumer News
Despite the continued growth of the internet, it is important to realise and consider offline marketing methods to reach a greater range of customers. Using a variety of both online and offline marketing methods is the best way to effectively reach your entire target...
by Quinns_News | Jun 4, 2013 | Accounting News
What is PSI? Personal Services Income (PSI) is mainly a reward for an individual’s personal efforts or skills, and can affect the tax obligations of contractors and consultants. PSI rules affect the individuals deriving PSI directly as a sole trader or indirectly...
