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Claiming Work from Home Deductions Gets Tougher in 2023

by Quinns_News | Mar 11, 2023 | Accounting News, Tax Advice and Updates

Claiming work from home deductions in your tax return is set to be a whole lot harder with ATO confirming changes to what can be claimed and the requirements that must be met. The events of the past few years, and our changing work landscape in general, have certainly...

Capital Gains Tax: Divorce & Separation

by Quinns Blog | Feb 6, 2023 | Accounting News, Blog, Newsletter Features

With rising rates of relationship breakdown, it is a common occurrence that the transfer of ownership of various assets and property types take place as the separating parties seek to settle their affairs. In general, the transfer of property triggers a Capital Gains...

Are You Maximising Your Business Tax Deductions?

by Quinns Marketing | Dec 8, 2022 | Accounting News, Small Business News, Tax Advice and Updates

Running a business can be an expensive undertaking, so any chance to recoup hard earned dollars should of course, be given suitable time and attention. One way that you can potentially do this is, to maximise your business tax deductions. You should ensure that you...

Understand the TRUE Business Position with a Due Diligence Audit

by Quinns_News | Nov 24, 2022 | Accounting News

Due diligence audits may sound technical and tedious – and in fact they kind of are – but they are also a critical part of purchasing a business. A thorough due diligence audit goes well beyond simply reviewing the financial statements to help you to gain...

Updated 2022/23 Federal Budget & Your Business

by Quinns_News | Oct 26, 2022 | Accounting News, Small Business News

Last night,Tuesday 25 October 2022, the Labor Government delivered the much-anticipated updated 2022/23 Federal Budget. It’s the first budget for the new Government since coming into office earlier this year. While our federal budgets are usually delivered in May each...

Are You Correctly Claiming Rental Property Deductions?

by Quinns_News | Aug 30, 2022 | Accounting News

Owning rental property is a popular choice for investment and generating additional income. When administered correctly, there are many benefits to be had from owning rental properties, including tax benefits and deductions. Australia’s income tax system is based on...
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