by Quinns_News | Jan 16, 2013 | Accounting News
As part of the 2012-13 Budget announcement, the Australian Government outlined proposed changes to Parenting Payment that will affect single and partnered parents who have been receiving Parenting Payment prior to 1 July 2006. The government has also made changes to...
by Quinns_News | Jan 16, 2013 | Small Business News
From the 2012-13 income year amendments have been made to the small business concessions. These amendments only apply if you are a small business that has an aggregated turnover of less than $2 million. Aggregated turnover includes the annual turnover of your small...
by Quinns_News | Jan 9, 2013 | Accounting News
Land tax is a tax levied on the owners of land in NSW as at midnight on 31 December of each year. In general, your principal place of residence (your home) or land used for primary production (a farm) is exempt from land tax. Landowners are generally liable for land...
by Quinns_News | Jan 9, 2013 | Consumer News
Superannuation is specifically designed to help you save and invest for your retirement – it’s all about helping you take control of your own retirement, rather than rely on the age pension. Changing the way you think about super can make a major difference to...
by Quinns_News | Dec 20, 2012 | Accounting News
The ATO have recently spent $250 million on computer upgrades and are now generating even more notices, demands, garnishee orders, winding up notices and audit letters than ever before. They are charged with obtaining as much of the $4 billion of outstanding tax as...
by Quinns_News | Dec 12, 2012 | Accounting News
On 29 June 2012, changes were made to the tax laws to reduce the scope for companies to engage in fraudulent phoenix activity or to escape liabilities and payments of employee entitlements. These changes protect worker’s entitlements and strengthen...