by Quinns_News | Aug 11, 2010 | Accounting News
One downfall to renting out an investment property is that Capital Gains Tax (CGT) will be payable upon the sale of the property. CGT is the tax charged on capital gains that are procured from an asset, you are liable to pay this tax when your capital gains exceed...
by Quinns_News | Aug 9, 2010 | Accounting News
In the eyes of the tax office, companies are treated much like individuals in that they are required to pay tax on their taxable income. This is usually at a rate of 30% and is also known as the corporate tax rate. All businesses in Australia are required to lodge an...
by Quinns_News | Aug 4, 2010 | Accounting News
Selling or buying a house can be a very stressful time. There are so many different things you have to do in a short amount of time and many details that can go wrong. Property settlement is where the seller and the buyer as well as any real estate agents or...
by Quinns_News | Aug 2, 2010 | Accounting News
The new government Standard Business Reporting (SBR) initiative brings with it changes that are likely to affect your business. SBR was launched on 28 June 2010 and is aimed at reducing the reporting burden for Australian companies. This major whole-of-government...
by Quinns_News | Jul 28, 2010 | Accounting News
Consolidating your super is a simple step that could make a difference to your super savings and help make tracking of your money easier. If you have ever changed jobs, chances are that you have more than one super fund. By putting all your super money in one fund you...
by Quinns_News | Jul 26, 2010 | Accounting News
Many businesses are required to pay Payroll Tax to the Office of State Revenue (OSR). Payroll Tax is a state-based tax imposed on wages that are paid or payable in the relevant state. Wages includes most payments for services made by an employer to employees,...
