Quinn's Taxation & Accounting Services in Werribee, Victoria | Accountant

Quinn's Taxation & Accounting Services

Locality: Werribee, Victoria

Phone: +61 3 9749 1011

Address: 1/23a Old Geelong Road 3029 Werribee, VIC, Australia

Website: http://www.quinns.net.au

Likes: 13

Add/Update information

Reviews

Tags

• Tax preparation service
• Accountant
• Financial service

25.01.2022 Do you use your car for work purposes? For a smooth ride this tax time, ensure you have accurate records to support your claims! If you claim a work-relate...d car expense using the cents per kilometre or logbook method, remember you cant claim any further deductions in the same tax return for the same car. Find out more at www.ato.gov.au///vehicle-and-travel-expenses/car-expenses/

24.01.2022 In these crazy times when businesses & self employed people need their accountants more than ever to perform legally mandated activities, tax compliance and acc...ess stimulus packages to pay their staff & help their businesses survive plus individuals who rely on tax refunds,the State leader has determined that the accountants close for stage 4 restrictions. Even though we have Covid protocols & Covid plans in place we now have try to run our business remotely, impractical as it is. All client interaction will now be done by phone, email &/or video. Although its not quite the same as seeing you all in person. We will continue to strive to service our clients.

23.01.2022 Employers: Have you experienced a decline in turnover and not enrolled for the JobKeeper Payment? The good news is you might now be eligible and you can still ...enrol. All you need to do is: 1. Enrol in the month you want to start claiming for 2. Identify your eligible employees 3. Make a monthly business declaration Find out more about the JobKeeper payments at https://www.ato.gov.au//JobKeeper---easier-to-understand/

23.01.2022 Employers: Single Touch Payroll deadlines are just around the corner! Youll need to finalise and report to us by: 14 July, if youve got 20 or more employ...ees 31 July if you have fewer than 20 employees. Theres still time left on the clock, but if your datas ready to go now, why not avoid a last-minute rush? Find out more at www.ato.gov.au//Star/End-of-year-finalisation-through-STP/

22.01.2022 Employers: With COVID-19 restrictions lifting and gyms, pubs and cafes reopening, you might be wondering whether increases in your GST turnover will affect your... JobKeeper payment eligibility Heres the good news - once youre in, youre in! Youll continue to receive payments as long as you: met the criteria when you first applied continue to pay eligible staff lodge business monthly declarations. Watch our videos to find out more: www.ato.gov.au//JobKeeper---easier-to-understand-informa/

21.01.2022 Employers: If you received initial cash flow boosts, youll automatically receive additional cash flow boosts when you lodge activity statements from June to Se...ptember 2020. Youll notice some differences in the boost amount you receive in June. For more information, visit www.ato.gov.au//Business-activity-statements-(BAS)/In-deta

21.01.2022 Do you know your tax myths from tax facts? Test your working-from-home knowledge below as we set the record straight. Myth: If I use the shortcut method, I ...can claim 80 cents per work hour plus other equipment (that costs $300 or less) to use when working from home. Fact: Under the shortcut method you can only claim 80 cents per work hour. This method covers all deductible expenses, including office furniture and technology. You cant claim any other working from home expenses on top. Myth: I can claim everything I bought to work from home (new laptop, desk, toilet paper, tea or coffee and my kids education supplies). Fact: There are three methods you can use to calculate your working from home expenses. You can choose the method that will give you the best outcome but you must meet the eligibility and record keeping requirements. You cannot claim items such as toilet paper, tea, coffee or your kids education costs, these are private expenses. Myth: I cant claim my working from home running expenses, even though I share the costs with my housemate because the bills arent in my name. Fact: Under the shortcut method multiple eligible taxpayers working from the same home can each claim 80 cents per work hour, even if the utility bill isnt in your name. Find out more about working from home expenses @ ato.gov.au/home

20.01.2022 Pound, Yen, Peso, Euro.. Are you an Australian resident for tax purposes who received income from overseas last financial year? Whether you were paid in... cash or earned interest from an overseas bank account, remember to include any foreign income in your tax return. For more info about what income you need to declare in your tax return, visit www.ato.gov.au//inc/income-you-must-declare/foreign-income

18.01.2022 Working from home? Weve introduced a temporary shortcut method to help you easily calculate these expenses with minimal record keeping requirements. If you ...plan to claim working-from-home expenses this tax time, youll need to make sure youre eligible and you have the right records to back-up your claims Find out more at www.ato.gov.au//deductions-you-can-c/home-office-expenses/ See more

17.01.2022 Businesses: Do you pay contractors? You may need to lodge a taxable payments annual report (TPAR) by 28 August if your business provides and pays contractors fo...r these services: building and construction cleaning courier, delivery or road freight information technology security, investigation or surveillance Lodging online is simple and secure. Watch our video or visit www.ato.gov.au//Taxable-payments-ann/Resources-to-help-you See more

17.01.2022 If you’ve needed to travel for your small business (to make deliveries to your clients, for example), you may be able to claim some of these costs in your tax r...eturn! Common motor vehicle expenses small businesses can claim include: fuel repairs lease payments insurance registration depreciation. You may be able to use the cents per kilometre method, the logbook method, or you may be able to only claim the actual costs based on receipts. Check out our fact sheet on motor vehicle expenses at www.ato.gov.au//Ded/Deductions-for-motor-vehicle-expenses/

16.01.2022 Claim education expenses? Remember they must have a sufficient connection to your current job and maintain or increase the knowledge, capabilities or skills ...you need for your role. When completing your tax return, there are two types of claims you can make: Self-education expenses this can be a formal qualification at university or TAFE. If youre lodging your tax return using myTax, you can claim these expenses at the Work-related expense self education question. Seminars, training courses, education workshops or conferences - this may include formal education courses provided by professional associations. If youre using myTax, you can make these claims at Other work-related expenses label. You cant claim the repayment of loans you receive to help pay for your self-education or study expenses (like HECS or VETSL). Read more at www.ato.gov.au//Seminars,-conferences-and-training-courses/

16.01.2022 Thinking of using the first home super saver (FHSS) scheme to buy your first home soon? Apply online by 18 November and you may receive your FHSS amount before Christmas. To find out more and to apply, see https://www.ato.gov.au//Wit/First-Home-Super-Saver-Scheme/

16.01.2022 We will be here for you! In regards to the restrictions announced today by the state premier, our position is unless told otherwise that preparing Tax Returns i...s assisting in a legally mandated activity and a critical sector service. So we will be open. That being said, to be compliant we will conduct our interviews via phone, email or video rather than in person. Thanking our wonderful & loyal clients in advance for their understanding.

16.01.2022 Businesses: Its time to take the next step and make a monthly business declaration for the JobKeeper payment If youve enrolled and identified your eligible ...employees, you have from the 1st to the 14th day of each month to receive payments made to employees in the previous month. You can complete this step through this Business Portal using myGovID or our online services via myGov if youre a sole trader. The sooner this declaration is made, the sooner you will be reimbursed. Check out our video below for to tips to complete your monthly business declaration and find more info at www.ato.gov.au/general/JobKeeper-Payment/

15.01.2022 Employers: Have you updated your payroll software or processes to reflect the updated tax tables? Remember you must be withholding the correct amount from payments you make to employees by 16 Nov 2020. Check out the updated tax tables at www.ato.gov.au/Rates/Tax-tables/

12.01.2022 : Do you need help to understand how JobKeeper is changing so more employees can qualify? Download this infographic for changes to: 1. the eligibility ...criteria 2. a payment extension to 31 August, and 3. how employers can nominate different employees if their employment has changed. For more details on the changes, visit https://www.ato.gov.au///Employers/Your-eligible-employees

11.01.2022 Running your own small business? If you received government grants or payments last financial year, you may need to include these as assessable income when you ...lodge your tax return. Assessable government payments include: JobKeeper payments Supporting Apprentices and Trainees wage subsidy Fuel tax credits Wine equalisation tax producer rebate Check out our small business tax time essentials to learn more - visit www.ato.gov.au/SBsupport See more

09.01.2022 SCAM ALERT Be on the lookout for a new phone scam claiming your tax file number (TFN) has been suspended! Recorded phone calls claiming to be from the ATO a...nd other government agencies are trying to trick people into providing personal information. These scammers will tell you theres a legal case against you, and if you dont follow instructions and provide the information requested, youll be arrested. Dont follow the prompts, and dont provide the information requested. We will never send unsolicited pre-recorded messages to your phone, or threaten you with immediate arrest. If youre ever unsure whether an ATO interaction is genuine, hang up and phone our scam hotline on 1800 008 540. Warn your family and friends to stay alert and visit our scam alerts page to learn more: www.ato.gov.au//Online-serv/Identity-security/Scam-alerts/

09.01.2022 JobKeeper is being extended until March 2021, supporting Australians in jobs and businesses. Read more: https://lbr.al/l2ws

08.01.2022 Small businesses: Were here to help! We host free webinars where our specialists answer your questions on various essential business matters, such as Tax sup...port during the pandemic Business viability Digital options: online services and systems available to you What to do if you have to close your business. These sessions and more will be running throughout September. To view all of our topics and register for a session, go to www.ato.gov.au//Small-business-w/Small-business-webinars/

08.01.2022 How does the federal governments new HomeBuilder scheme work? We break it down. Read more: http://9Soci.al/9LBz50zYocu 6.00pm on #9News

08.01.2022 Employers: Have you made payments to employees that havent been reported through Single Touch Payroll? Youll need to send a payment summary to each of these e...mployees and let us know by lodging an annual report. This tax time, youll need to order any paper forms using our online ordering service at https://iorder.com.au/publication/main.aspx You can find more information on which forms to complete and how to order them at www.ato.gov.au/business/payg-withholding/annual-reporting/

04.01.2022 Businesses: Do you have new employees who will now be eligible for the JobKeeper Payment? You now have until 31 August to pay your new employees for the fortni...ghts commencing on 3 and 17 August 2020. For more details on the changes, see https://www.ato.gov.au//JobKeeper-Payment/Employers/Your-/

03.01.2022 Does your business rely on suppliers? If you answered yes, it’s important to know who you’re dealing with. By using ABN Lookup you can check everything from you...r suppliers ABN status and location, to whether they are registered for GST. So what are you waiting for? Join 1.5 billion others and start your search today at www.abr.business.gov.au/

03.01.2022 Rental property owners: Has your income from your property been affected by COVID-19? Our FAQs answer tax-time questions such as: What expenses can I claim i...f my tenants arent paying their rent under the lease agreement? If I decide to reduce the amount of rent I charge my tenants, will my deduction for rental property expenses be reduced? If I receive a back payment of rent or an amount of insurance for lost rent, do I have to include this as income? Find the answers to these questions and more at www.ato.gov.au//c/individuals-frequently-asked-questions/

02.01.2022 Businesses: Its time to make your JobKeeper monthly business declaration for August Remember - August has 3 fortnights, so dont forget to claim your eligib...le employees for all of them. If you have newly eligible employees include them in the claim from JobKeeper Fortnight 10 (which started 3 August). Weve created a new fact sheet to explain the steps you need to take to add newly eligible employees, visit www.ato.gov.au/General/JobKeeper-Payment/JobKeeper-guides/

02.01.2022 Looking to claim deductions this tax time? If youre unsure about claiming work-related expenses, remember the three golden rules: you must have spent the mon...ey yourself and not been reimbursed it must be directly related to earning your income you must have a record to prove it From travel and clothing to self-education and home office expenses, find more information at www.ato.gov.au//Income-and-deduc/Deductions-you-can-claim/

01.01.2022 If you’re declaring overseas income this tax time, it’s important to remember most countries don’t have an income year that ends on 30 June: the United St...ates of America’s tax year is the same as the calendar year the United Kingdom’s tax year runs from 6 April to the following 5 April Ireland’s tax year is the same as the calendar year. Be sure to factor these dates in when calculating foreign income for your tax return. For more info, visit www.ato.gov.au//In/Income-you-must-declare/Foreign-income/