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Tips for claiming the small business CGT concessions

by Quinns_News | Oct 18, 2010 | Accounting News

The capital gains tax (CGT) concessions reduce the capital gain on business assets that you must include in your assessable income. You can apply for as many concessions as your business is entitled to, until the capital gain is reduced to nil. This choice allows you...

Important considerations when planning for retirement

by Quinns_News | Oct 13, 2010 | Accounting News

Good planning before you retire can make your retirement years smooth sailing. It is important to consider what age would be realistic and financially feasible for you to retire as opposed to simply when you would like to retire. Retirement differs for each person and...

Tax invoice requirements have changed – is your business compliant?

by Quinns_News | Oct 11, 2010 | Accounting News

Changes to tax invoices and recipient created tax invoices (RCTIs) were introduced on 1 July 2010 in order to simplify the requirements for a document to be a tax invoice. A document may be considered to be a tax invoice, or RCTI, if it is issued by the supplier (or...

Potential effects of changes to Credit History Laws

by Quinns_News | Oct 6, 2010 | Accounting News

If you’ve ever applied for credit or a loan, you will usually be listed with a credit reporting agency. Credit providers use the information in your credit report to help work out whether you can afford a loan, or a larger limit on an existing loan, and whether you...

Changes mean neighbour agreements can now be bound by law

by Quinns_News | Sep 29, 2010 | Consumer News

The NSW government recently introduced a new law, which provides people with the choice to make their agreements legally enforceable, when they resolve disputes through the NSW Government’s free community mediation service. This service is becoming an increasingly...

Debt recovery can recoup the money owed to your business

by Quinns_News | Sep 27, 2010 | Legal News

Debt recovery is a process many businesses are forced to go through due to ongoing or irresolvable problems with debtors. Debtors are customers that owe your business money for the good or service it provides. These debtors usually have a time period to pay the debt...
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