by Quinns Blog | Oct 1, 2024 | Accounting News, Newsletter Features
Every Australian taxpayer is required to either lodge an annual income tax return or notify the Australian Taxation Office (ATO) if a return is not necessary. If a taxpayer fails to meet this obligation, the ATO may issue what is known as a “default...
by Quinns_News | Sep 19, 2024 | Consumer News, Legal News
What is a testamentary trust? A Testamentary Trust is a trust established under a Will, which only comes into effect after the testator’s death. A Testamentary Trust operates differently to a regular Will as a it includes a Testamentary Trust Deed which governs...
by Quinns_News | Aug 27, 2024 | Accounting News
Is more than half of your income generated from a contract due to your personal efforts or skills, rather than from the use of assets, selling goods, or a business structure? If so, your income is considered Personal Services Income (PSI). What is Personal Service...
by Quinns_News | Aug 26, 2024 | Accounting News, Blog
Businesses and companies in Australia must meet various reporting requirements to comply with a range of regulations and necessities. The preparation and presentation of financial accounts are guided by the Australian Accounting Standards, which are developed by the...
by Quinns Marketing | Aug 22, 2024 | Legal News
Did you know there’s much more to effective Estate Planning than just creating a Will? Estate Planning involves preparing and executing various tasks that allow for the management of an individual’s financial, legal, and medical affairs in the event of incapacitation...
by Quinns_News | Jul 29, 2024 | Accounting News, Legal News
Purchasing a business is an exciting opportunity, but it carries significant risks and consequences if not approached with the right advice and information. While professional one-on-one advice tailored to your situation is irreplaceable, here are some key...
