Kennas Chartered Accountants and Financial Services

15/10/2026

More than $21 billion in lost and unclaimed superannuation is currently sitting idle across Australia, according to the latest ATO figures. The average lost account holds around $41,000.

More than $21 billion in lost and unclaimed superannuation is currently sitting... 

12/10/2026

If you spend time outside Australia for work, family or personal reasons, your travel history could become increasingly important when it comes to your Australian tax affairs.

If you spend time outside Australia for work, family or personal reasons,... 

03/10/2026

🎉 King’s Birthday Public Holiday 🎉

Just a reminder that our office will be closed on Monday, 5 October for the King’s Birthday public holiday.

We’ll be back open and ready to assist from 8:00am on Tuesday, 6 October.

Thank you for your understanding, and we hope everyone has a safe and enjoyable long weekend! 👑

29/09/2026

Discretionary trusts, often referred to as family trusts, have been a popular structure for Australian families and businesses for many decades. They are commonly used to operate family businesses, hold investments and assist with succession planning. Their flexibility, together with asset protection and estate planning benefits, has made them an attractive option for many groups.

Discretionary trusts, often referred to as family trusts, have been a popular... 

27/09/2026

Most Australians know they should have a Will.

Far fewer realise their Will may not automatically decide who receives their superannuation when they pass away. Read more...

Why your Will may not control your super

22/09/2026

The ATO has released its updated reasonable travel and overtime meal allowance rates for the 2026–27 income year in Taxation Determination TD 2026/4.

The overtime meal allowance has increased to $40.00, while the reasonable amounts for domestic and overseas travel have also been updated based on salary levels and travel destinations.

The ATO has released its updated reasonable travel and overtime meal allowance... 

18/09/2026

From 1 July 2026, the value of a Commonwealth penalty unit increased from $330 to $364. While this may sound like a minor administrative change, it has a direct impact on many ATO penalties, increasing the cost of a range of compliance failures.

From 1 July 2026, the value of a Commonwealth penalty unit increased... 

14/09/2026

For many SMSF trustees, property is one of the most significant assets held by their SMSF. Unlike personally owned assets, there is a legal requirement that all SMSF assets are valued each 30 June.

For many SMSF trustees, property is one of the most significant assets... 

08/09/2026

If you’re thinking about purchasing or leasing a vehicle for your business in the new financial year, it’s worth understanding the updated car thresholds that apply from 1 July 2026.

If you’re thinking about purchasing or leasing a vehicle for your business... 

04/09/2026

The sharing economy has created new opportunities for Australians to earn additional income. Whether it’s driving for a ride-sharing service, renting out a holiday property, completing freelance work, hiring out equipment, or creating digital content, many people are supplementing their regular income through online platforms.

The sharing economy has created new opportunities for Australians to earn additional...