by Quinns_News | Sep 2, 2015 | Accounting News
The directors of a company should be aware that in certain circumstances they may be held liable for the liabilities of the company. This includes the situation where the company is acting as trustee of a trust. This is particularly relevant for directors with...
by Quinns_News | Aug 26, 2015 | Accounting News
Get a Fair Settlement Even the most amicable divorce is an unhappy experience for those involved, but when you consider the impact of divorce on your retirement savings things become even more difficult. Although superannuation is technically treated as property...
by Quinns_News | Aug 26, 2015 | Accounting News
Here are the Updates The ATO has finally announced via an article on its website that, from 1 July 2015, there are new rules for the tax treatment of employee share schemes, including tax concessions for start-up companies. The employee share scheme changes allow...
by Quinns_News | Aug 19, 2015 | Accounting News
What is Liquidation? Liquidation is the process of winding up a company’s financial affair in order to dismantle the company’s structure by conducting appropriate investigations and enabling a fair distribution of company’s assets to its creditors. Liquidation can...
by Quinns_News | Aug 19, 2015 | Accounting News
Joe Hockey recently revealed that there are currently 195 cases under investigation by the Foreign Investment Review Board (“FIRB”). Approximately 24 of these cases have involved a foreign investor that has voluntarily come forward to indicate that they may have...
by Quinns_News | Aug 12, 2015 | Accounting News
What is payroll tax? Payroll tax is a state and territory tax that is imposed on employers and is calculated based upon the amount of taxable wages paid. The 5.45% tax is payable when an employer’s total Australian wages exceed the tax-free threshold. Australian wages...