Tax-R-Us Accounting

NOT THIS TAX YEAR
Labor's instant tax deduction will allow workers to knock $1,000 off their taxable income, without providing receipts, when they lodge their 2026-27 tax return.

Ever received a call from someone claiming to be the ATO?

We’ve updated our app so you can now:
✔️ verify in seconds whether it’s us
✔️ check before sharing any personal details
✔️ shut down scammers before they get a chance.

Saving for your first home? There’s an easy way to boost your deposit by up to $50k 🤑

The First Home Super Saver (FHSS) scheme lets you make voluntary contributions to your super and withdraw them when it’s time to buy your first home.

With the scheme, any money you put in your super:
• gets taxed at a lower rate than ordinary income
• gives you a 30% tax offset when you withdraw the assessable amounts
• has associated earnings calculated based on the shortfall interest charge rate
• is kept aside until you’re ready to use it.

Less tax = more savings! 💸

https://www.facebook.com/share/p/1Gk5sbKnmT/

A lot can change over time with a home loan.

Your rate may still be fine.
Or you could be paying more than you need to without realising it.

A simple home loan health check is a good way to compare where things are at today.

Here’s what you need to know 👇

If you sell, swap, or dispose of them in future, you may need to include a capital gain or loss in your tax return. So, it’s important to keep good records of ALL your crypto asset transactions. 💻

When using AI, it's important to keep your private info private 🤫

If you give your TFN, bank details or any other personal info to AI, you might lose control over where that data is stored and how it‘s shared.

AI tools aren't always built to protect sensitive info, and they might not keep your details secure. The more personal info you put in, the bigger the risk it could end up somewhere unsafe.

If you don’t want it to be public, it’s best to keep it private 🔒

ATO VIDEO ON THE NEW SUPER PAYMENTS

Countdown to Payday Super - 4 months to go Deputy Commissioner Emma Rosenzweig highlights the actions employers need to take now to get ready for Payday Super and prepare for paying super each payday fro...