by Quinns_News | Sep 4, 2012 | Accounting News
The Household Assistance Package started in May 2012. An initial payment from the government to eligible people has since been followed by the tax cuts that came into play on 1 July 2012. Many Australians will then receive ongoing assistance added to their regular...
by Quinns_News | Sep 4, 2012 | Accounting News
The New Home Grant Scheme was introduced on 1 July 2012 to stimulate the construction of new homes in NSW. The scheme provides a grant of $5000. This will be available to buyers of: • new homes, whether off the plan or newly built, that don’t exceed $650,000 in...
by Quinns_News | Sep 4, 2012 | Accounting News
Regardless of whether you are a new or existing business, it is important to think about your business structure. As a business grows it undergoes significant changes that can alter your tax requirements, as well as create a need for a change in business structure....
by Quinns_News | Sep 4, 2012 | Accounting News
A budget is vital for any company irrespective of the size. A budget is a financial plan that helps to carry out an organisation’s objectives and strategies. As the English proverb says: Those who fail to plan, plan to fail. Creating a budget suitable for your...
by Quinns_News | Aug 29, 2012 | Accounting News
If you’re a sole trader or a partner in a partnership, you don’t have to make super contributions to a super fund for yourself. However, you may want to consider super as a way of saving for your retirement. Our Top Tips Most self-employed people can claim...
by Quinns_News | Aug 22, 2012 | Accounting News
On 29 June 2012, changes were made to the tax laws to reduce the scope for companies to engage in fraudulent phoenix activity or to escape liabilities and payments of employee entitlements. Phoenix activity involves a company intentionally accumulating debts to...