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...
by Quinns Blog | Feb 19, 2020 | Blog
As discussed in last week’s article on the risks of informal wills, having a formal document outlining your testamentary intentions is a very serious matter. Without a formal will, you can risk having your estate distributed in a way that does not align with your...
by Quinns Blog | Feb 12, 2020 | Blog
A recent case heard by the Federal Court has seen the Australian Taxation Office (ATO) successfully challenge the eligibility of a vacant block of land in relation to Capital Gains Tax (CGT) small business (SB) concessions. This poses foremostly negative implications...
by Quinns Blog | Feb 12, 2020 | Blog
A will, in essence, is a document detailing how you would like your estate (assets and liabilities) handled after you pass away. It is often considered quite important to have one; particularly if you have specific intentions of who and where you wish to transfer your...
by Quinns Blog | Feb 5, 2020 | Blog
On 1 July last year, the Single Touch Payroll (STP) system was introduced for employers with less than 20 staff. This was to allow employers to report payroll data to the Australian Taxation Office (ATO). While a three-month transition period allowed these small...
by Quinns Blog | Feb 5, 2020 | Blog
A recent case of the High Court has clarified a key principle of the Corporations Act. Carter Holt Harvey Woodproducts Australia Pty Ltd v The Commonwealth [2019] HCA 20, otherwise referenced as the Amerind case, raises implications that Australian employees’...
