by Quinns_News | Apr 11, 2012 | Legal News
A genuine redundancy payment is a lump sum payment received by an employee who is dismissed from employment because the employee’s position is genuinely redundant. A payment cannot be both a genuine redundancy payment and an early retirement scheme payment due to the...
by Quinns_News | Apr 4, 2012 | Consumer News
The Home Building Act 1989 requires builders and trades people to be licensed for the work that they do, and to have proper contracts and insurance in place for most jobs. In February 2012 changes were made to the Home Building Act. These changes: • The statutory...
by Quinns_News | Apr 4, 2012 | Accounting News
What is Bankruptcy Bankruptcy refers to the situation where an individual is unable to meet their financial obligations and repay accrued debt. It occurs when an individual does not have enough money/assets to pay creditors or a debt that is owed. However, it is not...
by Quinns_News | Mar 28, 2012 | Accounting News
If you have assessable income from overseas, you must declare it in your Australian income tax return. If you have paid foreign tax in another country, you may be entitled to an Australian foreign income tax offset, which provides relief from double taxation. You can...
by Quinns_News | Mar 28, 2012 | Accounting News
Recent statistics have reported 70% of employers are non-compliant with their Fringe Benefit Tax (FBT) obligations and 69% of employers failing to lodge a FBT return. As a result, the Australian Tax Office (ATO) has broadened its reach to the SME and large business...
by Quinns_News | Mar 21, 2012 | Consumer News
The New Changes From 30 April 2012, the insertion of sections 34 and 35 into the Oaths Act 1900 will require any authorised witness sighting the execution of a statutory declaration or an affidavit to take positive steps to identify the person making the declaration...
