by Quinns_News | Apr 10, 2013 | Financial Planning News
A company does not need to be insolvent in order to be wound up; they can apply for voluntary liquidation instead. The winding up can be initiated through either the members or the creditors under s491 of the Corporations Act 2001 (the Corporations Act), that is...
by Quinns_News | Mar 20, 2013 | Financial Planning News
ASIC records on their register whether shareholders hold shares “beneficially” or “not beneficially”. Put simply, beneficially held usually means that the owner of the shares is entitled to the direct benefit from the shares. For example, benefits could include the...
by Quinns_News | Dec 12, 2012 | Financial Planning News
Christmas is fast approaching and another year is coming to a close. While you put your feet up over the break, take some time to reflect on 2012 and mentally prepare for the year ahead. Ask yourself the following questions: • What did (or didn’t) I achieve in...
by Quinns_News | Oct 12, 2011 | Financial Planning News
The ATO’s view on Limited Recourse Borrowing Arrangements (LRBA) within Self Managed Superannuation Funds (SMSF’s) has been clarified with the release of the Draft Self Managed Superannuation Funds Ruling (SMSFR 2011/D1) on 14 September 2011. Money borrowed under a...
by Quinns_News | May 3, 2010 | Financial Planning News
Consider for a moment what your most important business assets are. Your initial thoughts might include the obvious and tangible items, such as plant and equipment, motor vehicles or property. In many cases however, the most valuable asset is the intangible value of...
by Quinns_News | Mar 24, 2010 | Financial Planning News
Since the global financial crisis many investors have turned their interests from risky share market investments to instead preserving their capital. This preservation is of particular importance to savers approaching retirement and current retirees, due to the fact...
