Dec 01

It’s our business to know your business

If you are a small business owner you would know the importance of having a good team behind you. That includes a team that can help look after your finances, talk to you about appropriate business insurance and discuss succession planning for when you decide to wind up the business,... read more →
Nov 16
Nov 01

Action Required by Directors

From November 2021 it is a requirement for all directors of a company in Australia to apply for a director identification number (DIN) in order to meet their obligations under the Corporations Act 2001 (Cth) and the Treasury Law Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth).  The purpose... read more →
Oct 20
Oct 07
Sep 01

Economic Outlook

Quarterly economic review – 30 June 2021 Global economyThe COVID-19 pandemic remains a major feature on the global stage, although global economic recovery continues, with the JP Morgan Markit Global Composite PMI remaining positive. Inflation news has been mixed. If we focus on the US, businesses were still affected by... read more →
Aug 10

Retirees’ fears and expectations

For many, the word ‘retirement’ is associated with the idea of extended holidays to far-flung locations or spending quality time with grandchildren. However, there are a range of financial, emotional and psychological fears that are often linked to retirement – and for good reason. Australians spend most of their working... read more →
Aug 04
Jul 14
Jul 09
Jun 23
Jun 08
tax Mistakes

Calculating Income Tax Deductions

The calculation of income tax for businesses becomes more complex as business activities and income streams grow. There are two primary considerations that arise when calculating income tax: assessable income and deductions. Assessable incomeThis includes all aspects of income from all your business activities and any other business income: •... read more →
Jun 01
May 25

Finalist for Australian Accounting Awards 2021

Leenane Templeton has been shortlisted for the Australian Accounting Awards 2021. The firm has been named as a finalist in the Australian Accounting Awards for Boutique Firm of the Year 2021. The Australian Accounting Awards recognises and acknowledges the achievements of individuals and firms whether they are in the profession’s... read more →
May 20
improving cash flow

The Federal Budget Tax Measures

With there being so many changes to tax as presented in the Federal Budget, this is a concise summary of those that may have the biggest impact or relevance to you. • The government will provide an income tax exemption for qualifying grants made to primary producers and small businesses... read more →
May 11

Federal Budget Highlights 2021/22

We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2021/22 Budget. While there were no particular surprises in this year’s budget, just about everyone is a winner. Many of the announcements were released prior to the budget but it continues on with the COVID-19... read more →
May 04

JobKeeper is over – Where to from here?

Many businesses have been kept afloat by the government over the past twelve months, buoyed by the many benefits and concessions from schemes they have deployed. The two largest schemes have been JobKeeper and Cash Flow Boost. Cash Flow Boost ended with the September BAS (in 2020) and JobKeeper officially... read more →
Apr 28
Apr 08
Mar 25
investing in property

Three trends driving real estate investments in a post-pandemic economy

Office real estate is undergoing a fundamental shift, while COVID-19 has accelerated a number of global real estate investment trends, including the continued growth of e-commerce and falling home ownership. However, new trends have also emerged, in particular, the decentralisation of work. Since the pandemic proved the viability of remote... read more →