It's Fringe Benefits Tax Time The end of the FBT year is fast approaching, and it is a good time to reflect on your FBT plans for 2019-20. Fringe benefits... read more →
We compare the option of a director nominating an alternate director in contrast to nominating a successor director in a self managed superannuation fund (‘SMSF’) context to determine which is... read more →
Scammers have developed a different tactic over the new year to impersonate the ATO. Perpetrators are using an ATO number to send SMS messages to taxpayers, asking them to click... read more →
Local charity Hope4Cure Foundation and public hospital Calvary Mater Newcastle have joined forces to support women and their families experiencing ovarian and gynaecological cancer in the Hunter region. Following a... read more →
In the last week several key superannuation measures potentially impacting your super were passed by both Houses of Parliament. These are designed to protect members with small super balances as... read more →
Leenane Templeton has been selected as an Australian Small Business Champion Finalist from over 2,000 entries. The awards Managing Director said " This achievement is testament to the vision, planning... read more →
We compare the option of a director nominating an alternate director in contrast to nominating a successor director in a self managed superannuation fund (‘SMSF’) context to determine which is... read more →
Single Touch Payroll to include all businesses in 2019 On 1 July 2018, the Australian Tax Office (ATO) rolled out Single Touch Payroll (STP). This changed the way employers with... read more →
Under certain circumstances, an individual member’s total superannuation balance (‘TSB’) will be increased by their share of the outstanding balance of a limited recourse borrowing arrangement (‘LRBA’) that commenced on... read more →
If the Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018 (‘Bill’) becomes law, an individual member’s total superannuation balance (‘TSB’) may be increased by their share of the... read more →
A growing number of Australians are encountering the challenges of assisting elderly relatives with the move into aged care. One of them is David. Recently, he had to help his... read more →
The holiday period is the perfect time to declutter your documents but avoid throwing out those essentials you need to keep. Since different rules apply to different documents, the length... read more →
The holiday rush can be your most profitable time of the year so long as your small business is set up for success in the Christmas period. For many businesses,... read more →
The Christmas party is a joyous event, but it is also a work-sponsored function, and you have a duty of care to provide to your staff on the night. When... read more →
Year 10 Sophie Frith joined Leenane Templeton this week for work experience. Sophie is no stranger to Leenane Templeton having helped out in the office during holidays, however this week... read more →
The new law pertaining to ‘ipso facto’ clauses came into operation on 1 July 2018. This article highlights the relevance of the new law for SMSFs. Note that the law... read more →
This article covers the main ways a person becomes a disqualified person, the consequences of disqualification and the options available to those who are disqualified. (We refer to a trustee... read more →
The winners of the 2018 SMSF and Accounting Awards have been revealed at an awards evening in Sydney. Together with principal partner SuperConcepts, SMSF Adviser announced the winners of the... read more →
Significant time has passed since the introduction of the transfer balance cap (‘TBC’). During this period, many have become aware of the potential trap caused by the TBC for SMSF... read more →
From 1 August 2018, The Fair Work Commission introduced a new unpaid family and domestic leave entitlement for employees in all industry and occupation awards. Under the new clause employees... read more →