by Quinns_News | Sep 22, 2010 | Accounting News
A Self Managed Super Fund (SMSF) needs to be well structured, particularly with regards to its long term future. Whilst, passing on a SMSF is not something people generally like to think about, it is important that trustees and advisors are careful when preparing...
by Quinns_News | Sep 20, 2010 | Accounting News
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. Generally, registered businesses include GST in the price of sales to their customers and claim credits for the GST included in the price of...
by Quinns_News | Sep 15, 2010 | Accounting News
The NSW Home Builders Bonus (HBB) has been introduced to stimulate the construction of new homes in NSW. HBB provides a full exemption on stamp duty for new homes where the value does not exceed $600,000 and building has not commenced. It also applies to vacant land...
by Quinns_News | Sep 13, 2010 | Legal News
The first anniversary of the new Fair Work laws was on 1 July 2010. This date also saw the first pay period that the $26 per week national wage increase was introduced, along with higher award penalty rates, allowances, loadings and casual wages in some industries...
by Quinns_News | Sep 8, 2010 | Accounting News
The Australian Tax Office has a number of recent initiatives that may impact on your 2009-2010 Tax return. Please read the following list and consider whether they may benefit or affect your tax return or entitlements. • Removal of the baby bonus – The baby bonus...
by Quinns_News | Sep 8, 2010 | Legal News
A statutory demand is a written demand made against a debtor company to pay its debt to the issuing creditor. Section 459E of the Corporations Act 2001 provides that a creditor may serve a company with a statutory demand for a debt (or debts) due and payable (the...