by Quinns_News | Jul 27, 2016 | Blog
A trust does not cease to exist even though you have lost your trust deed. The trust relationship will continue as long as there is a trustee holding trust property on behalf of the beneficiaries. The issue that arises is the ability of the trustee to administer the...
by Quinns_News | Jul 20, 2016 | Blog
Each year the Australian Tax Office (ATO) places extra emphasis on particular areas of individual tax returns. This years the ATO will be focusing on work related expenses and claims made by owners of investment properties and holiday homes. With the increase of work...
by Quinns_News | Jul 20, 2016 | Blog
The ATO’s increased debt recovery efforts aimed at retrieving overdue tax debts has been a hot topic for quite some time. The ATO has focused its recovery efforts on Small to Medium Enterprises, lodging over 1,000 winding up applications in August and September last...
by Quinns_News | Jul 13, 2016 | Blog
The new Australian Auditing Standard ASA 701 “Communicating Key Audit Matters in the Independent Auditor’s Report”, will affect audit reports of financial statements ending on or after 15 December 2016. This new standard will require listed companies to include key...
by Quinns_News | Jul 13, 2016 | Blog
It is estimated that a couple require about one million dollars in retirement assets in order to fund a comfortable retirement. This will generate about one thousand one hundred dollars ($1,100) per week for approximately twenty five (25) years. That is, if a couple...
by Quinns_News | Jul 6, 2016 | Blog
An adverse action is any action that’s results in a disadvantage for the employee or alters their position unfavourably. Examples of adverse action include: Dismissal, refusal to employ Discriminating between an employee and other employees in the workplace Injuring...
