Kennas Chartered Accountants and Financial Services

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! 🚀📈

23/06/2026

The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30 June.

The end of the financial year is fast approaching. For SMSF members... 

17/06/2026

The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs), following recommendations from the Statutory Review of the Electric Car Discount released in May 2026. While the policy continues to support EV uptake, it also aims to make concessions more sustainable and better targeted. The changes are expected to save the Budget an estimated $1.7 billion over five years from 2025–26.

The Government has announced a staged wind-back of the current Fringe Benefits... 

12/06/2026

The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card payments — across eftpos, Mastercard and Visa — will be banned from 1 October 2026.

The Reserve Bank of Australia (RBA) has confirmed that all surcharges on... 

10/06/2026

🎪🎉 We’ll be closed tomorrow to join in the festivities of the Rockhampton Show Holiday! 🎡✨
We’ll be open again from 8:00am on Friday 12th June 🎈

09/06/2026

The 2026–27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years.

The 2026–27 Federal Budget, released on 12 May 2026, has received more attention... 

01/06/2026

The 2026-27 Federal Budget has introduced a suite of proposed tax and structural changes that could materially reshape investment decisions for all Australians.

Federal Budget changes signal strategic shift