by Quinns_News | May 14, 2014 | Accounting News
There has been much talk about the 2014 budget, but what does it all mean for the small to medium business owner (SME owner). The changes in the budget may affect your business directly through company tax, entrepreneurs program and the over 50s payment. Your business...
by Quinns_News | Apr 30, 2014 | Accounting News
Workers Compensation covers employees and employers in the event of a work related injury or disease. Through this system, injured workers have an entitlement to payments either weekly, lump sums or payment of medical bills and rehabilitation in some cases. Having a...
by Quinns_News | Apr 9, 2014 | Accounting News
If you are running a business as a sole trader, partnership, company or trust and your business has an aggregated turnover of less than $2 million, there are five CGT related tax concessions that may be relevant to you. These exemptions, and the records that you need...
by Quinns_News | Apr 2, 2014 | Accounting News
A fringe benefit is a payment made to an employee or their associates (e.g. a family member) during the course of employment that is not in the form of salary or wages. The Fringe Benefits Tax (FBT) is the tax associated with these different forms of payment, with the...
by Quinns_News | Mar 26, 2014 | Accounting News
What does this incentive mean for you? Replacing the research and development tax concession, the Government introduced the research and development (R&D) tax incentive in 2011 with the aim of boosting competitiveness and improving productivity across the...
by Quinns_News | Mar 19, 2014 | Accounting News
In 2009, the Labor government introduced tax changes which saw employees being taxed when share options were received from their company, rather than when the share options were sold or became full shares. While these changes were implemented in an effort to curb and...