Tax Guide

Most people treat 30 June like a deadline for a tax return. It isn’t. It’s actually a deadline for tax planning and those are two very different things. Your tax return just reports what happened during the financial year. The actual decisions, the ones that shape how much you pay, or how much you get back all have to happen before 30 June. After that, the options are gone. The good news is there’s still time. Whether you’re an employee, a sole trader, a small business owner,

A lot of people ask the same question during tax season: “How can I reduce my taxable income legally?” It’s a smart question. Reducing taxable income does not mean avoiding tax. It means using the tax rules correctly so you only pay what you actually owe — not more. The ATO allows several legal ways to lower your taxable income, whether you're an employee, sole trader, investor, or small business owner. Let’s go through the practical ways people do this in 2026. What Does “Ta

If you’re running a business or working as a contractor, you’ve probably thought about getting a company car. It sounds simple — buy a car, use it for work, and save on tax. But in reality, there are rules around what you can claim, how much you can claim, and whether extra taxes apply. Let’s go through it step by step. What Is a Company Car? A company car is a vehicle that is: Owned or leased by a business Used for work-related purposes Sometimes also used for personal use T

If you’ve ever lost a receipt and thought, “That’s money gone,” you’re not alone. A lot of people assume that without receipts, they can’t claim anything on their tax return. But that’s not always true. The Australian Taxation Office (ATO) does allow certain claims without receipts — but only under specific rules. If you don’t follow those rules, your claim can be denied. Let’s break it down in simple terms. Can You Claim Tax Without Receipts? Yes — but there are limits. The