by Quinns_News | May 8, 2013 | Consumer News
A Will is one of the most important documents that you will sign in your lifetime. It is a document that states how you wish for your assets to be distributed after your death. A Will can also contain other provisions e.g. who will care for your children if they are...
by Quinns_News | May 8, 2013 | Financial Planning News
In a surprising turn of events, the AAT recently held in Confidential and Commissioner of Taxation [2013] AATA 76 that the date of disposal of a CGT asset occurred on the date that the Heads of Agreement was executed, rather than the date when the Contract for sale...
by Quinns_News | May 1, 2013 | Financial Planning News
Australians love to combine their need to fund their retirement with their love for property. If you have a Self Managed Super Fund (SMSF), residential and commercial property are quickly becoming the fastest growing investment assets within this structure. The...
by Quinns_News | May 1, 2013 | Accounting News
Partnership Business Structure Choosing which business structure to set up your business is a big decision. Each business structure has its advantages and disadvantages. Before making your final decision, it is important to undertake research to ensure you choose the...
by Quinns_News | Apr 24, 2013 | Consumer News
Long service leave is a period of paid leave for employees who have been working for the same business for a long period of time. An employer is required to keep records of all leave taken by their employees. This includes all paid leave, such as long servic e leave....
by Quinns_News | Apr 24, 2013 | Consumer News
After establishing the four main types of business structures available to run your business it’s time to analyse the advantages and disadvantages of each. Before making your final decision, undertake research to ensure you choose the best option for you and your...
by Quinns_News | Apr 17, 2013 | Consumer News
From 1 July 2013, you will start to notice changes to your superannuation as the new super guarantee reforms come in to effect – this will impact you personally in a number of ways. Here is what you need to know to ensure your superannuation is in accordance with the...
by Quinns_News | Apr 17, 2013 | Consumer News
You’ve decided you want to start your own business. One of the key decisions you now need to make is which structure will work best to run your business. With numerous options available, it may seem quite overwhelming. Before establishing your business, it is vital...
by Quinns_News | Apr 10, 2013 | Accounting News
PAYG instalments is a system for paying amounts towards your expected end of year income tax liability. The Australia Tax Office (ATO) calculates your actual income tax liability when they assess your annual income tax return. To make sure your income tax assessment...
by Quinns_News | Apr 10, 2013 | Financial Planning News
A company does not need to be insolvent in order to be wound up; they can apply for voluntary liquidation instead. The winding up can be initiated through either the members or the creditors under s491 of the Corporations Act 2001 (the Corporations Act), that is...