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Minimum Wage Increase: What Does This Mean for My Business?

by Quinns_News | Jul 8, 2024 | Blog, Employment and Human Resources News, Legal News, Small Business News

The national minimum wage is the base rate of pay for employees working ordinary hours. This rate is usually determined by the industrial instrument applicable to their employment, such as a modern award or a registered agreement. Every year, the Fair Work...

2024-25 NSW State Budget: Impacts for You & Your Business

by Quinns_News | Jun 19, 2024 | Accounting News, Small Business News, Tax Advice and Updates

On Tuesday, June 18, 2024, NSW Treasurer Daniel Mookhey presented the 2024-25 NSW State Budget. With an $11.9 billion shortfall from this year’s GST distribution, the 2024-25 NSW State Budget focuses on essential expenditures while avoiding large-scale...

2024-25 Federal Budget Summary: It’s Impact on Businesses & Individuals

by Quinns_News | May 16, 2024 | Small Business News, Tax Advice and Updates

Whether you are an individual taxpayer or business owner, the range of measures announced in the 2024-25 Federal Budget earlier this week, are likely to impact you in some way. From energy rebates and extension of the $20,000 instant asset write-off, to tax cuts and...

ATO Increasing Pressure on Tax Debt Recovery

by Quinns_News | Apr 9, 2024 | Accounting News, Small Business News, Tax Advice and Updates

The amount of tax debt owed by Australian taxpayers has doubled in just over 4 years! At the end of 2019, before the impact of COVID-19, the national tax bill was around $26 billion. As recorded at the end of 2023, that figure has jumped to over $56 billion in...

8 Essential Strategies for Business Cash Flow

by Quinns_News | Feb 19, 2024 | Accounting News, Small Business News

Cash flow serves as the lifeblood of any business. Encompassing the inflow and outflow of funds essential for day-to-day operations, investments, and growth initiatives – effective cash flow management is a crucial component in determining the success and...

Protect Your Business: Scams & Cyber Security Update

by Quinns_News | Jan 12, 2024 | Small Business News

Unfortunately, there is a never-ending stream of stories to be heard where honest, unsuspecting people and businesses are frequently being defrauded. This might be in the form of a financial scam, where a victim is misled into parting with their hard earned dollars,...
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