by Quinns_News | Nov 16, 2011 | Accounting News
If you receive a distribution from a trust, you may have capital gains tax (CGT) consequences. If the amount by which an asset’s selling price exceeds its initial purchase price. Trusts include managed funds, such as property trusts, share trusts, equity trusts,...
by Quinns_News | Nov 9, 2011 | Accounting News
Every business faces the challenge of collecting payment from non-paying clients and customers. This can have the potential to ruin your business, since you can’t always pay your own bills when you are waiting on money that never seems to be coming. Not to mention...
by Quinns_News | Nov 2, 2011 | Accounting News
The decision over what type of property is the most beneficial, when it comes to investment properties, is one that has been debated for many years. Levels of capital growth, purchase prices, the amount of rent the property is expected to bring in and the current...
by Quinns_News | Oct 26, 2011 | Accounting News
Bankruptcy occurs when an individual does not have enough money/assets to pay creditors or debt that is owed. If you find that you are unable to repay your debts, you can not just say that you are bankrupt. You must go through a formal process and be deemed eligible,...
by Quinns_News | Oct 19, 2011 | Accounting News
A business name is simply a name or title under which a person, or other legal entity, trades. It not only identifies you to your customers, but also allows you to differentiate yourself from your competitors and enables your customers to make an emotional connection...
by Quinns_News | Oct 5, 2011 | Accounting News
Investing in overseas property is more risky than investing in property in Australia. It is much more difficult to make sure the investment suits your needs if you don’t have local knowledge and you can’t regularly inspect the property. ASIC has recently...
