Kennedy Cross - Strategic Advice, Tax & Accounting

Have you recently received, or are you expecting to receive an inheritance?
Navigating an inheritance can come with a lot of questions, especially when it comes to selling assets from a deceased estate and understanding the potential Capital Gains Tax (CGT) implications.

The tax treatment can vary depending on the asset and your individual circumstances, but you don’t have to navigate it alone.
We can help you understand your tax obligations, identify potential CGT considerations and make informed decisions about your inheritance.

👉 For more information, read our website: Capital Gains Tax
Or if you need assistance specifically for final tax returns see here: Guiding You Through Final Tax Returns

After years of dedication, warmth, and unwavering commitment, we’re saying a heartfelt farewell to Maree as she begins her well-earned retirement.

Maree has been an incredible part of the Kennedy Cross family — her hard work, kindness, and team spirit have left a lasting mark on everyone she’s worked with.

She’ll be deeply missed, but we’re so excited for this next chapter in her life.
Wishing you all the very best, Maree.

Thank you for everything 💙

Lest we forget. 🌺

Today we pause to honour the courage, sacrifice, and service of the Australian and New Zealand men and women who have served, and continue to serve, our nations.

We remember those who gave their lives, and we acknowledge the lasting impact their bravery and commitment have had on our communities and our way of life.

This ANZAC Day, we reflect with gratitude, respect, and pride

🚀 Kickstart Your Accounting Career with Kennedy Cross

We’re always on the lookout for motivated undergraduate and intermediate accountants ready to grow their careers in a supportive, forward-thinking firm.
At Kennedy Cross, you’ll gain hands-on experience across taxation, advisory, and business services, while working alongside a team that values collaboration, problem-solving, and professional development.

Whether you’re just starting out or looking to take the next step, this is your opportunity to build a rewarding career with a firm that puts people first.

📩 Register your interest or apply here:
https://www.kennedycross.com.au/careers/

Did you know you may be able to boost your super by contributing proceeds from the sale of your family home? 🏡💰

A downsizer contribution could be a smart way to strengthen your retirement savings while making the most of your next move.

Learn more in our latest article https://ptwealth.com.au/downsizing-your-home-understanding-the-downsizer-contribution-2/

At Kennedy Cross, your security is our priority.
Cyber threats are becoming more common, but there are simple steps you can take today to help protect your information and your business:
✔ Use strong, unique passwords
✔ Enable multi-factor authentication
✔ Keep your software up to date
✔ Stay alert to suspicious emails
Taking a few proactive steps now can make a significant difference. If you have any concerns about protecting your financial information, our team is here to help.

Happy Easter! 🐣🌸
Wishing you a relaxing break filled with good food, good company, and a bit of chocolate (or a lot 😉).
Enjoy the long weekend, recharge, and most importantly — stay safe during the break.
Warm wishes from the team at Kennedy Cross Accountancy 💛

🐣

Fring Benefit Tax season has arrived, and we’re here to keep it stress-free💼

Cars, entertainment, perks… yep, they can all fall under FBT 🚗🍾

Need help untangling cars, entertainment, or other tricky benefits? We’ve got you covered. Check out our latest article via the link in our bio or get in touch with our team – we make FBT far less taxing 😉

📅 Key FBT dates to remember:
• FBT year: 1 April 2024 – 31 March 2025
• ATO registration deadline: 21 May 2025
• FBT return due: 25 June 2025

The Small Business Superannuation Clearing House (SBSCH) is set to close 30 June 2026, bringing changes to how small businesses manage super payments for their employees. This change is called Payday Super, which is due to start 1 July 2026.
What does this mean for you?
If you’ve been relying on the ATO SBCH, you’ll soon need to transition to an accounting software package that can process superannuation payments.
✔️ Superannuation is now due to be paid 7 business days after each pay run
✔️ Plan ahead to avoid payment delays or penalties
✔️ Reach out for guidance on the best solution for your business
We’re here to support you through this transition and help you find the right tools to stay compliant and stress-free.