by Quinns_News | Apr 27, 2011 | Accounting News
During the year ending 31 March 2011, if your business provided any fringe benefits you will need to lodge a Fringe Benefits Tax (FBT) Return before 21 May 2011. A fringe benefit refers to a type of ‘payment’, that is received in addition to and is different from,...
by Quinns_News | Apr 13, 2011 | Accounting News
On 28 February 2011, changes to the Building and Construction Industry Security of Payment Act 1999 (NSW) came into effect. The results of these changes have impacted upon many key roles within the building and construction industry, and therefore it is important for...
by Quinns_News | Apr 13, 2011 | Accounting News
Any loss you incur from a negatively geared overseas property can be applied against your Australian domestic income. Negative gearing refers to borrowing money to invest where the return from the investment is less than the borrowing costs. For example, the rental...
by Quinns_News | Apr 6, 2011 | Accounting News
In the contemporary economic environment, many people and businesses are now facing a range of financial challenges. Outstanding debt is often the main temporary issue, caused by unpredicted circumstances or a short-term business decline, which normally results in...
by Quinns_News | Apr 5, 2011 | Accounting News
Is there a charity or community organisation that strikes a particular chord with you? If so, now is a good time to make a donation since tax time is approaching. Any charitable donation over $2 is tax deductible, so not only do you feel good and help out a needy...
by Quinns_News | Mar 30, 2011 | Accounting News
On 22 March 2011 the Australian Government confirmed that there will be a flood levy for the 2011-12 income year. The levy will assist the affected communities recover from the devastating, recent floods and other natural disasters, and rebuild essential...
