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 →
Maintaining appropriate cash flow is a critical component of running a successful business. Despite this, running out of liquid capital is one of the most common reasons that small... 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 →
Despite the Australian Tax Office’s education campaign on GST reporting, many small business owners continue to make errors when claiming GST credits in their GST returns or Business Activity Statements.... read more →
A new report has revealed around 2.4 million or almost one third of Australian workers are missing out on some or all of their super entitlements and little is being... read more →
The ATO is targeting individuals (at, or approaching, retirement age) purporting to divert personal services income to a SMSF to minimise or avoid income tax obligations. A person earns personal... read more →
The disposal of a depreciating asset may incur capital gains tax (CGT) if the asset has been used for a nontaxable purpose (i.e. private purposes). However, there a number... read more →
With help from the internet, a new business model is quietly turning millions of ‘average Joes’ into entrepreneurs. Uber is connecting riders with drivers through apps. Airbnb is connecting hosts... read more →
Peer to Peer, or ‘P2P’, lending is a method of bringing borrowers and lenders together without a traditional financial institution to act as intermediary. This increasingly popular form of lending... read more →
Virtual currencies, or cyber currencies, are both a medium of exchange and a store of value, just like traditional money. However, unlike banknotes or coins cyber currencies exist only as... read more →