For the past few weeks my partner and I have been enjoying the planning of our annual holiday. We both work long hours but always make sure we get away... read more →
It is important to understand who is an individual’s relative for superannuation law purposes as the Superannuation Industry (Supervision) Act 1993 (Cth) ('SISA') imposes certain boundaries on an SMSF’s activities... read more →
Leenane Templeton has won the SMSF & Accounting Awards 2017 for Community Engagement Program of the Year. One of the major contributing factors was supporting and helping to establish Hope4Cure... read more →
The Reserve Bank of Australia (RBA) and the major trading banks may play the most visible role in setting interest rates, but in many cases they are being reactive rather... read more →
Amongst the changes made to superannuation effective 1 July 2017 was the welcome and sensible move to give everyone who makes a personal contribution to super the option of claiming... read more →
GDP. If ever there were three letters designed to make us yawn, these would be solid contenders. So why are they so frequently on the lips of politicians, economists and... read more →
Demystifying the tax treatment of death benefits paid from an SMSF to the estate The tax treatment of death benefits paid from an SMSF to a deceased member’s estate can be... read more →
Leenane Templeton is in the running to take out one of Australia’s most coveted SMSF awards. Leenane Templeton was delighted to be shortlisted as a finalist in not one but four categories... read more →
When developing a business or coming up with a new idea, there will always be people that focus on the negative; they say you can’t do it, that something will... read more →
The Australian Tax Office is collecting data from financial institutions and online selling sites as part of their data matching programs for credit and debit cards and online selling. The... read more →
This article focuses on the topic many people grapple with in life – what to do to achieve a balance in work and lifestyle without a major impact on finances.... read more →
Self-managed super funds can access capital gains tax (CGT) relief to provide temporary relief from certain capital gains arising as a result of trustees complying with the super reforms commencing... read more →
From 1 July this year, the ATO will be able to pass on to credit agencies the tax debt information of businesses that have not effectively engaged the ATO to... read more →
Capital losses Selling poor performing assets may enable you to bring forward a tax loss that can be offset against any capital gains made throughout the financial year. Write-off bad... read more →
The ATO has issued a warning of an increased number of scammers at this time of year. Last year we saw a number of tax scams including an aggressive phone... read more →
Leenane Templeton Wins Australian Accounting Awards for Community Engagement. Leenane Templeton Chartered Accountants & SMSF Advisors have won the community engagement award at the prestigious Australian Accounting Awards, partnered by Thomson... read more →
We have pleasure in enclosing a summary of the significant announcements from the Federal Government's 2017 Budget. This is a fairly subtle budget in terms of changes when compared to... read more →
Newcastle based Leenane Templeton Chartered Accountants & Business Advisors has been shortlisted for the prestigious Australian Accounting Awards, partnered by Thomson Reuters. Andrew Frith of Leenane Templeton is in the... read more →
Here's an easy way to understand asset allocation The allocation of your money to different types of investment assets, generally referred to as “asset allocation”, is the major factor that... read more →
It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and... read more →