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...
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...
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,...
by Quinns_News | Nov 18, 2023 | Legal News, Small Business News, Tax Advice and Updates
The ATO shows no signs of slowing down in its efforts to collect outstanding company tax debts, reportedly issuing an average of 60 DPNs (Director Penalty Notices) per day! As a company director, it is imperative to be acutely aware of your company taxation...
by Quinns_News | May 10, 2023 | Accounting News, Small Business News, Tax Advice and Updates
In the lead up to the announcement of the 2023 Federal Budget, the majority of the publicity centred on the Government’s promise to ease cost of living pressures. While those measures were detailed as the budget was delivered last night, Tuesday 9 May 2023, there were...
by Quinns Marketing | Dec 8, 2022 | Accounting News, Small Business News, Tax Advice and Updates
Running a business can be an expensive undertaking, so any chance to recoup hard earned dollars should of course, be given suitable time and attention. One way that you can potentially do this is, to maximise your business tax deductions. You should ensure that you...
