by Quinns_News | Jul 27, 2011 | Tax Advice and Updates
The Business Activity Statement (BAS) is a pre-printed document issued by the ATO on either a monthly or quarterly basis. Businesses use a BAS to report and pay a number of tax obligations, including GST, PAYG instalments and withholding, fringe benefits tax and ABN...
by Quinns_News | Mar 22, 2010 | Tax Advice and Updates
With the end of the financial year approaching at an amazingly fast rate, now is a prime time to start preparing your tax plan. Tax planning involves examining your business’ recent and updated financial records, BAS and your expected income for the coming quarter....
by Quinns_News | Dec 8, 2009 | Tax Advice and Updates
By now, most business owners would have at least heard about the small business tax break, however many of those owners may not have taken advantage of this incentive. The deadline is drawing near but it’s not too late to capitalise. Here is what you need to know to...
by Quinns_News | Nov 23, 2009 | Tax Advice and Updates
Christmas is slowly creeping up on us and most of the annual party preparations are underway. Not only will business owners be preparing Christmas Parties, they will be considering what gifts, if any, they will provide to clients and employees. However, an important...
by Quinns_News | Nov 16, 2009 | Tax Advice and Updates
To understand Capital Gains Tax, you must first understand what capital gains means. Put simply, Capital Gains are the difference between the buy and sell price of an asset i.e. profit. Capital gains tax (CGT) is the tax you pay on any capital gain (profit on an...
by Quinns_News | Jul 20, 2009 | Tax Advice and Updates
It is time to start organising yourself for 2008-09 tax return preparation and lodgement. The past financial year has seen some changes to the taxation landscape that will certainly make a difference to lot of Australian taxpayers this “tax time”. Changes include...
