Renting out a spare room can be a great way to earn some extra cash, particularly with the help of Airbnb and similar online services. However, it’s easy to overlook... read more →
If you are a sole trader or a partner in a small business that has made a loss, please read the following carefully. Small business owners can only claim losses... read more →
The Australian Tax Office (ATO) is constantly committing more resources to checking tax returns and using modern technology to help nab offenders. So be prepared – the tax office is... read more →
Superannuation can be one of the most baffling topics when it comes to managing our finances so let’s relate looking for the right fund to something that might be more... 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 →
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 →
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 →
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 →
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 →