by Quinns Blog | Mar 11, 2020 | Accounting News, Tax Advice and Updates
Fringe Benefits Tax (FBT) is a tax imposed on the employer. Where a benefit is provided by an employer (or associates of the employer) to its employees (or associates of the employee), FBT may be payable by the employer. For the employee receiving a benefit that is...
by Quinns Blog | Mar 4, 2020 | Blog
The owners’ corporation or body corporate is the body made up of all the owners in a strata scheme. It has the responsibility for: maintaining and repairing common property of the strata scheme managing finances of the strata scheme, including setting and...
by Quinns Blog | Mar 4, 2020 | Blog
In employment law, employees can be covered by a contract, agreement or a special type of industry-regulated agreement, known as an ‘award’. The term indicates a sense of congratulation and achievement, granting the employee special rights specific to their industry....
by Quinns Blog | Feb 26, 2020 | Blog
If you are a business looking to grow, it may be a good idea to consider changing your business structure. There are four main business structures: sole trader, partnership, company and trust, each with their own benefits for your business. In this article, we will...
by Quinns Blog | Feb 26, 2020 | Blog
Capacity is a key concept when it comes to forming testamentary intent and creating a will. It means that you have a sound mind and memory, with an understanding of what you are doing. If you lack testamentary capacity, your will is almost always considered invalid...
by Quinns Blog | Feb 19, 2020 | Blog
In the case of Reid and Commissioner of Taxation (2019), the Administrative Appeals Tribunal of Australia held that a taxpayer could not substantiate tax claims for car expenses using the ‘log-book’ method. The individual taxpayer worked for two employers as a...