by Quinns Blog | May 22, 2019 | Blog
The terms of the trust deed for the member’s superannuation fund specify the persons who may benefit from the member’s death benefit. Usually, superannuation death benefits can be paid to a dependant of the deceased member or their legal personal representative (the...
by Quinns Blog | May 22, 2019 | Blog
Are you a customer of the Commonwealth Bank? Even if you’re not, you’re being targeted anyway – scammers are sending texts to Australians pretending to be the major bank with the goal of stealing your details. A number of texts, sent to an Australian that does not...
by Quinns Blog | May 15, 2019 | Blog
A superannuation death benefit is a payment you make to a dependant beneficiary or to a trustee of a deceased estate after the member has died. Superannuation death benefits do not automatically form part of the Estate of a deceased member. In many cases, the trustee...
by Quinns Blog | May 15, 2019 | Blog
Taxpayers, who rent part of their home, must declare the rental income in their income tax return. Several deductions for the associated expenses can be claimed, such as part or all of the interest on the home loan, a portion of water bills and so on. However, if...
by Quinns Blog | May 8, 2019 | Blog
In the recent case of Re. Marsella; Marsella v Wareham (No 2), Helen Marsella was the sole member of the Swanston Superannuation Fund. Her daughter, Caroline Wareham and Helen were the trustees of the fund. Helen died on 27 April 2016. On 17 April 2017, Caroline...
by Quinns Blog | May 8, 2019 | Blog
The ATO as released updated benchmark data to ‘help small businesses across the country….. gauge the strength of their business and keep an eye on their competition”. The benchmarks also help the ATO identify small businesses that may be doing the wrong thing and not...
