For most Australians, their 60s is the decade that marks retirement. For some this means a graceful slide into a fulfilling life of leisure, enjoying the fruits of a lifetime... read more →
We all, to a greater or lesser extent, have an idea of our dream lifestyle. So how, as a nation, are we faring? To find out, the Financial Planning Association... read more →
With the lead up to June 30, many business owners are busy tying up their tax affairs. During this time it can be easy to lose sight of other business... read more →
On 24 May 2018, the government announced a 12 month superannuation guarantee (βSGβ) amnesty (βAmnestyβ) that proposes to give employers an opportunity to rectify past SG non-compliance without penalty. If... read more →
One of the greatest benefits of owning an investment property (besides the additional income) is your entitlement to tax benefits. Here are some tips to maximise your tax return this... read more →
The sharing economy has become a big part of daily life. Itβs become easy to hop on an app for a ride-share, find a place to stay or hire someone... read more →
The Tax Office is urging employers with 20 or more employees to prepare for the introduction of Single Touch Payroll. From 1 July 2018, Single Touch Payroll will be introduced... read more →
When it comes to getting the most (money) from your annual tax return, there is usually a lot to think about, so weβve identified a few options that could open... read more →
The end of the financial year is rapidly approaching and, along with it, the opportunity to claim a tax deduction on additional superannuation contributions. Why contribute more to super? Superannuation... read more →
An SMSF friendly budget is the good news coming out of the 2018-19 Federal Budget. With SMSF members still working through the wide-reaching and complex superannuation changes which took effect... read more →
FEDERAL BUDGET NEWS HIGHLIGHTS We have pleasure in enclosing a summary of the significant announcements from the Federal Governmentβs 2018/19 Budget. We thought it was quite an interesting budget. Most... read more →
Leenane Templeton Chartered Accountants has been shortlisted as a finalist to win an award in the Boutique Firm of the Year category at the 2018 Australian Accounting Awards, hosted by... read more →
Earlier this month, the ATO released Self Managed Superannuation Fund Regulatorβs Bulletin SMSFRB 2018/1. It contains some of the most important information available on the use of reserves for SMSFs.... read more →
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 2018-19. Fringe benefits... read more →
Running your own business can be extremely rewarding but there will always be times when it will be quite the opposite. Depending on the business, many factors will determine the... read more →
As a hard-working small business owner you've spent years building your own livelihood and now, for whatever reason, you've decided the time has come to sell or close down your... read more →
Margaret was 21 when she married Graham. She was working as a sales assistant in a large department store when they decided to start a family. As her pregnancy advanced... read more →
An important part of the wedding vows is βfor richer or poorerβ and weβd all prefer the former! But after the euphoria of the wedding day passes, many couples leave... read more →
For those who are interested in purchasing their first residential premises, the First Home Super Saver (βFHSSβ) Scheme may be an option worth exploring. We consider the questions below regarding... read more →
To reduce pressure on housing affordability, downsizer contributions provide an incentive for super fund members aged 65 years or older to sell a main residence. The Treasury Laws Amendment (Reducing... read more →