Kenmir Accounting

08/06/2026

Division 7A Loans - What Company Directors Need to Check Before 30 June

If your private company has ever lent money to you personally — or to a family member, a related trust, or another entity you control — there's a good chance Division 7A applies to you. With 30 June approaching fast, now is exactly the right time to check you haven't accidentally set yourself up...

05/06/2026

Good News for Small Business: The Write-Off You Rely On Is Here to Stay

For years, the $20,000 instant asset write-off has been a lifeline for small businesses — letting you immediately deduct the full cost of eligible assets rather than writing them off gradually over multiple years. The only problem was the uncertainty. Each year, the question loomed: will it be ext...

03/06/2026

Budget 2026: What Family Trust Holders Need to Know About the Proposed 30% Minimum Tax

One of the most significant announcements in the 2026 Federal Budget — and for many small business owners, one of the most concerning — was the proposed introduction of a 30% minimum tax on discretionary trusts. If you operate a business through a family trust, or hold investments in one, this a...

08/05/2026

1 week until the tax deadline! Give our office a call if you need any assistance lodging your 2025 return.

08/05/2026

Do You Need To Lodge An FBT Return this year?

The fringe benefits tax year runs from 1 April to 31 March — and if your business provided any non-cash benefits to employees or their family members during that period, an FBT return may be due. The lodgement deadline is 21 May, so now is the time to check whether this applies to you. What is f

03/05/2026

June 30 Is Closer Than It Looks — Is Your Business Prepared?

The end of the financial year can sneak up on even the most organised business owners. With June 30 just around the corner, now is the time to get proactive about your business's financial position, compliance obligations, and any strategic decisions that could benefit from being actioned before the

02/05/2026

What Happens to Your Super When You Pass Away?

Losing a loved one is never easy. Alongside the emotional impact, there are practical financial decisions that need attention - and one of the most important assets to understand in these circumstances is superannuation. Unlike property, bank accounts, or shares, superannuation does not automatical

29/04/2026

Are You Accurately Reporting Cash Income? The ATO Is Watching

Cash flow is the lifeblood of any small business. And for many businesses — particularly in hospitality, trades and personal services — that includes a mix of card and cash payments. From time to time, headlines hit the stands, reminding business owners not to "hide" cash income. While th

13/04/2026

What to Watch Out for When Making Downsizer Contributions Into Your Super

Are you a retiree looking to move into a smaller home after selling the family home?  Downsizer contributions offer a valuable opportunity for Australians aged 60 and over to boost their superannuation by contributing proceeds from the sale of their family home. Introduced to help older A

09/04/2026

Financial Fraud Through Coerced Directorships: A Hidden Form of Economic Abuse

Financial fraud perpetrated by abusive partners and family members has emerged as a deeply damaging form of economic abuse, particularly when victims are nominated as company directors without their knowledge or consent . These fraudulent appointments can expose unsuspecting individuals to signific