by Quinns_News | Oct 2, 2023 | Blog, Tax Advice and Updates
Earlier this year, the 2023/24 Federal Budget allocated more than $40 million to the Australian Taxation Office (ATO) to be utilised in targeting Superannuation Guarantee compliance, and it hasn’t taken long to see the increased activity in this area. The current ATO...
by Quinns_News | Sep 25, 2023 | Accounting News, Tax Advice and Updates
The Australian Taxation Office’s (ATO) “asset betterment method” is targeted towards individuals and businesses dealing in the cash economy who fail to correctly report and remit their income tax obligations. This approach ensures that those who think they can escape...
by Quinns_News | Sep 21, 2023 | Accounting News, Small Business News, Tax Advice and Updates
On Tuesday 19 September 2023, NSW Treasurer Daniel Mookhey delivered the 2023-24 NSW State Budget. We’ve highlighted a number of the key proposed measures and how they might affect you and your business, now and into the future. 2023-24 NSW State Budget Overview In an...
by Quinns_News | Aug 25, 2023 | Accounting News, Consumer News, Tax Advice and Updates
As a foreign resident for tax purposes in Australia, it is important to understand the implications and application of capital gains tax (CGT) when disposing of assets. Below, we highlight the main points to be aware of when it comes to CGT for Foreign Residents in...
by Quinns_News | Jul 11, 2023 | Tax Advice and Updates
There are a number of tax implications that relate to property development and subdivision in Australia. Ensuring that you are aware of the requirements can help you to accurately assess the financial feasibility, and avoid the shock of unexpected costs, on your...
by Quinns_News | Jun 20, 2023 | Accounting News, Tax Advice and Updates
For any business owner, the end of any financial year brings with it a long list of things to do – both to finalise business’ financial and taxation obligations for the current year and to prepare for the new financial year ahead. With less than 2 weeks to go...