by Quinns_News | May 29, 2013 | Consumer News
A self-managed super fund (SMSF) is a super fund that you manage yourself – giving you greater control over your super and more flexibility than you would get with a conventional super fund. An SMSF provides retirement benefits for its members in the same way as any...
by Quinns_News | May 29, 2013 | Financial Planning News
Before conducting business with anyone, it is very important to know who you are dealing with and what type of business you are dealing with. If the legal entity name and type of business structure is not clearly established prior to conducting business, the chance to...
by Quinns_News | May 22, 2013 | Financial Planning News
In April 2013, the Australian Financial Review reported that the Australian Tax Office (ATO) was chasing up debts owed by directors. The ATO has now issued warning letters to directors of companies that have unpaid Pay As You Go (PAYG) withholding amounts and unpaid...
by Quinns_News | May 15, 2013 | Accounting News
The 2013 Budget has made many changes that are going to impact you as an individual. We have summarised the major changes in this article. Benefits to Individuals Education Investing into Education schemes • $9.8 billion over six years in once in a generation...
by Quinns_News | May 15, 2013 | Accounting News
This 2013 budget has really focused on reforms that affect individuals, as well as tax hits on large, multinational companies – so where does that leave you, the SME owner? Well, there aren’t too many changes that you’ll need to worry about, however if you were...
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....