by Quinns_News | Apr 29, 2015 | Consumer News
By way of background in 2007 the Australian Government allowed superannuation funds to borrow under strict conditions. As a result of this legislation, executives, professionals and family owned businesses have chosen to purchase direct property as their investment of...
by Quinns_News | Apr 22, 2015 | Tax Advice and Updates
The CGT Small business concessions may reduce or eliminate a taxable capital gain a taxpayer makes when a CGT event happens in relation to a CGT asset. Discretionary Trust Key Points In order to access any of the small business concessions (SBCs), a taxpayer must...
by Quinns_News | Apr 22, 2015 | Accounting News
The Australian tax system relies on taxpayers self-assessing. This means that you are responsible for working out how much you can declare and claim on your tax return. You also need to be able to show how you arrived at these figures– in some cases you may be...
by Quinns_News | Apr 15, 2015 | Consumer News
Do you have an investment property which is being rented out to a tenant? Jessica and Daniel had purchased their first investment property in Sydney’s inner west. They had made many improvements on the property prior to leasing it out. Landlord Insurance On their...
by Quinns_News | Apr 15, 2015 | Accounting News
Have you filled in your Application? The Research & Development (R&D) Tax Incentive is a targeted, generous and easy to access entitlement program that helps businesses offset some of the costs of doing R&D. The program aims to help more businesses do...
by Quinns_News | Apr 8, 2015 | Tax Advice and Updates
As part of the 2014-15 Federal budget the Government announced that it will impose a Temporary Budget Repair levy of 2% on that part of a person’s taxable income which exceeds $180,000. The legislation for this has passed Parliament and the levy now applies to...
