by Quinns_News | Oct 2, 2013 | Consumer News
Best Strategy for You Many business owners struggle with whether to hold their business assets as an individual or as a company. However, for many reasons, holding assets in a Self Managed Superannuation Fund (SMSF) can be a better strategy. This strategy suits...
by Quinns_News | Sep 18, 2013 | Consumer News
Using your money to try to make more money or gain assets is called investing. Profits or returns you make on your investments usually become part of your income for tax purposes. Many expenses relating to your investment are tax deductible – for example,...
by Quinns_News | Aug 21, 2013 | Consumer News
The Bankruptcy Act 1966 does not restrict a bankrupt from being employed and earning an income during their bankruptcy. However, if your after-tax income exceeds a certain amount you will have to pay contributions from your income to your trustee. The Bankruptcy Act...
by Quinns_News | Aug 14, 2013 | Consumer News
A Will is a legal document that sets out who you want to receive your assets when you die. Making a Will is the only way you can ensure your assets will be distributed according to your wishes when you die. Studies show that at least 45% of Australians do not have a...
by Quinns_News | Aug 7, 2013 | Consumer News
How to get through Bankruptcy Bankruptcy is the legal process that controls the affairs of those who are insolvent, meaning those people who are unable to pay all their debts as they are due. However, it is important to note that bankruptcy is not the inevitable...
by Quinns_News | Jul 31, 2013 | Consumer News
If you are an Australian resident with overseas assets you need to take any capital gains or capital losses you make on those assets into consideration when doing your tax return. Generally speaking, anyone who earns over the tax free threshold during the course of a...
