by Quinns_News | Nov 28, 2018 | Blog
In addition to tax issues, there are several practical issues that need to be considered when dealing with trusts. Unpaid distributions are an asset It is important to recognise that unpaid distributions are an asset in the hands of the beneficiary. While...
by Quinns_News | Nov 21, 2018 | Blog
Wills, Estates and Probate are not the most talked about topics, however creating a Will is quite possibly one of the most important steps you can undertake to ensure your assets are protected. The three terms: Wills, Estates and Probate can often be confused. A Will...
by Quinns_News | Nov 21, 2018 | Blog
The Australian Taxation Office (ATO) has released a Taxation Determination which considers the deductibility of interest expenses incurred by a beneficiary of a discretionary trust where borrowed money has been on-lent to the trust on interest-free terms. The...
by Quinns_News | Nov 14, 2018 | Blog
The Australian Taxation Office (ATO) has recently updated their website to advise and/or remind taxpayers that when they rent, hire or share their car through a ‘peer to peer’ car sharing platform (i.e., such as Car Next Door, Carhood or DriveMyCar Rentals,) they may:...
by Quinns_News | Nov 14, 2018 | Blog
A common trend throughout the workforce is the ‘permanent casual’: a casual employee who works the same roster with little to no change for an extended period of time – usually over 12 months. Although ‘permanent casual’ is not an employment type officially...
by Quinns_News | Nov 7, 2018 | Blog
This special type of trust has numerous meanings. In the UK and other parts of the world, a blind trust operates like any other trust but the beneficiary of the trust has no knowledge of what assets are kept within the trust. In Australia, a blind trust is the term...
