Kennas Chartered Accountants and Financial Services

01/09/2026

AI is increasingly helping farmers move from simple cashbook recording to real-time farm financial management. Read more...

AI turns farm cashbooks into decision tools

30/08/2026

To ensure passage of the negative gearing and CGT discount changes that were announced in the May 2026 Federal Budget the Government agreed to make amendments to the SMSF borrowing rules.

To ensure passage of the negative gearing and CGT discount changes that... 

27/08/2026

The humble offset account can be a powerful investment tool.

As a financial adviser, I am often asked: "Should I invest my spare cash?"

Read more...

The overlooked investment sitting beside your mortgage

30/07/2026

With the start of the 2026–27 financial year, SMSF trustees should take a proactive approach to ensure funds remain compliant and well positioned. Below is a concise checklist of the key legislative changes, compliance deadlines and practical steps trustees should prioritise.

With the start of the 2026–27 financial year, SMSF trustees should take... 

22/07/2026

The ATO is sharpening its focus on how taxpayers generating income from personal services deal with that income for tax purposes. In a recent Spotlight bulletin, Small Business Assistant Commissioner Tony Poulakis highlighted the release of Practical Compliance Guideline PCG 2025/5.

The ATO is sharpening its focus on how taxpayers generating income from... 

20/07/2026

The Tax Ombudsman has reported a dramatic 127% increase in complaints about the ATO this financial year (to 30 April 2026), with nearly 3,000 complaints received in the first ten months. Debt collection, penalties, and tax debt interest charges have dominated the issues raised.

The Tax Ombudsman has reported a dramatic 127% increase in complaints about... 

14/07/2026

One of the most significant changes to the Australian superannuation system in decades has now commenced. From 1 July 2026, Payday Super requires employers to ensure super contributions reach employee super funds within seven business days of each payday.

One of the most significant changes to the Australian superannuation system in... 

10/07/2026

Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation system and impose a 30% minimum tax rate on discretionary trusts.

Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12... 

09/07/2026

Australia's small business CGT concessions provide significant tax relief when a business owner sells an active business asset.

When the eligibility criteria are met, these concessions can reduce, defer, or even eliminate the capital gain entirely.

To qualify, the taxpayer must first satisfy the basic conditions...

Small business capital gains tax (CGT) exemptions

29/06/2026

🎉 Happy End of Financial Year! 🎉

As another financial year comes to a close, we’d like to thank all of our valued clients for your continued trust and support.

Whether you're finalising your tax return, reviewing your business performance, or planning for the year ahead, our team is here to help every step of the way.

Have questions or need guidance? Reach out to us – we're committed to helping you shape your financial success and make the most of every opportunity.

Here's to a successful year ahead! 🚀📈