by Quinns Marketing | Dec 15, 2019 | Accounting News, Newsletter Features
From 1 July 2017 (i.e. the 2018 financial year) investors have no longer been able to claim deductions for travel expenses relating to collecting rent from or for inspecting, maintaining or repairing residential premises used as rental properties, subject to certain...
by Quinns Marketing | Dec 15, 2019 | Accounting News, Newsletter Features
Further changes are expected to be made to the small business CGT concessions. These particular changes are intended to be applied in relation to CGT events involving shares in a company or units in a trust and specifically outline changes to the existing active asset...
by Quinns Marketing | Jun 5, 2019 | Accounting News, Newsletter Features
Companies can carry forward tax losses and deduct them against income derived in later years, subject to satisfying certain rules that are designed to prevent trafficking in losses. These rules primarily allow a company to claim deductions for prior year revenue tax...
by Quinns Marketing | Jun 5, 2019 | Accounting News, Newsletter Features
From 1 July 2017 (i.e. the 2018 financial year) investors have no longer been able to claim deductions for travel expenses relating to collecting rent from or for inspecting, maintaining or repairing residential premises used as rental properties, subject to certain...
by admin | Jun 15, 2016 | Accounting News
With the recent increase in debt recovery efforts by the Australian Taxation Office (ATO), many have resorted to negotiating payment arrangements. However, there are some downfalls to such arrangements. The recent decision of Smith v Bone [2015] FCA 389 highlighted...
by admin | Mar 23, 2016 | Accounting News
Are you a property investor or looking to get into the market? Being a property investor is not always easy, but here are some helpful tips that could help you along the way: Our Top Tips: Property return: You must understand that property provides a different return...
