by Quinns_News | Aug 24, 2011 | Accounting News
Since the Global Financial crisis, many people are becoming more and more concerned with the performance of their superannuation fund. As a direct result of this concern many people are considering taking more control over the trusteeship and the management of their...
by Quinns_News | Aug 17, 2011 | Accounting News
When a body corporate takes legal action to recover unpaid contributions, it is quite common for them to end up out-of-pocket in respect to their legal expenses. These legal expenses along with the non-payment of body corporate levies not only place a financial burden...
by Quinns_News | Aug 17, 2011 | Accounting News
The Education Tax Refund (ETR) aims to help with the cost of educating primary and secondary school children. Eligible parents, carers, legal guardians and independent students are able to get money back on education expenses. The Government has recently changed the...
by Quinns_News | Aug 10, 2011 | Accounting News
The Government has released the draft legislation on how the new director penalty regime will operate. In some cases directors may be personally liable for company Superannuation and PAYG (Withholding) debts which are in existence before the amendments come into...
by Quinns_News | Aug 10, 2011 | Accounting News
The decline in value of a depreciating asset is worked out on the basis of its effective life. Generally, the effective life of a depreciating asset is how long it can be used for a taxable purpose, or the purpose of producing exempt income or non-assessable...
by Quinns_News | Aug 3, 2011 | Accounting News
Has a family member or friend asked you to be a ‘co-borrower’ or guarantee a loan for them? Before you say yes, think carefully – you could lose not only your money, but valuable assets such as your house or car. What is a guarantor or co-borrower? If a credit...
