by Quinns_News | May 9, 2018 | Blog
On 8 May 2018, the Treasurer, Scott Morrison, delivered his third Federal Budget. How does this budget affect you? $20,000 immediate write-off is extended The Government will extend the $20,000 immediate write-off for small business by a further 12 months to 30 June...
by Quinns_News | Mar 4, 2015 | Accounting News
Businesses that deliberately hide income to avoid paying the right amount of tax or superannuation are part of what the ATO calls the cash and hidden economy. What is the ATO Benchmark? The ATO uses benchmarks, amongst other indicators, to identify businesses that may...
by Quinns_News | Sep 18, 2013
Dealing with the Australian Taxation Office (“ATO”) can be a time consuming, long-winded task. As a team of both lawyers and accountants with over 30 years of experience, we at The Quinn Group have expertise in negotiating debt repayments and conducting audits, and...
by Quinns_News | Apr 26, 2012 | Accounting News
The ATO (and other government authorities such as the OSR) have never been more active or able to conduct enquiries, reviews or investigations of your returns. Audit Insurance is designed to protect businesses from the costs associated with an audit of their tax...
by Quinns_News | Sep 7, 2011 | Accounting News
An audit is a review of the annual accounts and is usually carried out by an independent person or party, or a firm of accountants who are also accredited auditors. The most common types of audits are usually related to various taxes such as GST and Payroll but can...