Beanstalk Accountants

🏠 Is your holiday rental property actually 100% tax deductible?

Under Taxation Ruling TR 2026/1, the ATO is strictly auditing holiday rental claims this season. 🔬

If your property was:
🏖️ Blocked out for your family during peak times (During summer for a beach house, or winter for a ski lodge)
📈 Listed at above-market rates where it sat vacant
🔑 Used by friends or family for free/discounted rates

❌ You cannot claim 100% of your interest, rates, or insurance. Expenses must be split on a strict "fair and reasonable" basis based on actual income-earning days.

To make matters tougher, the ATO’s data-matching programs now cross-reference online booking calendars directly against tax returns.

Let’s review your booking logs and calculate your exact numbers so your return is 100% watertight before we lodge! 📊

💼 Did you earn any gig economy or digital platform income? Don't let ATO data-matching catch you off guard.

Under expanded reporting laws—known as the Sharing Economy Reporting Regime (SERR)—digital platforms now share transaction data directly with the ATO.

The silver lining? 💡
You can claim legitimate business expenses to lower your taxable income. Platform fees, equipment depreciation, home office costs, and phone usage can all be offset against your earnings.

Don't let omitted platform income delay your return or trigger an ATO Audit. Let’s look over your platform summary records and make sure you’re claiming every dollar you’re entitled to!

⚠️ Clearing up the biggest tax confusion of 2026...

Heard about the new $1,000 standard work deduction? Let’s set the record straight: This does NOT apply to the tax return you are filing right now!

The Key Facts:
• Current Return (2026): Standard rules apply. You still need receipts for all work deductions over $300.
• Future Return (2027): The $1,000 flat deduction takes effect next financial year (claimed in Tax Time 2027).

Don't throw away receipts: If your actual expenses exceed $1,000, claiming actual costs with receipts will get you a bigger refund outcome.

Navigating shifting tax legislation requires precision. If you want to ensure your 2026 return is lodged accurately and yields the maximum legitimate outcome, our advisory team is here to help. Contact us now!

🚦 GREEN LIGHT: It’s officially safe to lodge your 2026 tax return!

Your income statements, bank interest, and private health data are now fully loaded into the system. Check your MyGov app, if your income shows as "Tax-Ready," you are officially cleared to go.

Don't let the ATO hold onto your hard-earned cash. Let’s get your return calculated and lodged accurately. Book your tax appointment with our team today.

Current emotional state: Delivering tax bills like a seasoned diplomat. 🏳️🫠

Nothing tests our poker face quite like breaking the bad news that you owe taxes instead of getting a fat refund. But understanding why it happened is the first step toward fixing it!

Tax bills usually catch people off guard due to:
• HECS/HELP repayments catching up 🎓
• Side-hustle cash with no tax withheld 💸
• Private health insurance thresholds 🏥

We can't magically erase a tax bill, but we can help make sure you’ve claimed every legal cent possible to keep that bill as small as humanly possible. 🛡️

Need an honest, clear breakdown of your tax situation or want to avoid the surprise next year?

Reach out to our team today to book a consultation.

July is officially over! Have you filed your tax return yet? 🤔

The first month of the new tax year is over, and we're busy claiming maximum deductions for all our clients.

Whether you're an individual employee, running a side hustle, or managing a company, we’ve got you covered on every new ATO update this year.

Stop letting that paperwork pile up! Let's get your money back where it belongs. 💸

Schedule an appointment with our team today!

July transactions dictate your entire financial year. 📉✨

The easiest way to make your next BAS cycle simple is to build clean habits right now. Every invoice, receipt, and bank line reconciled in July sets up your data correctly for Q1.

Don't have time to spare? We can take it completely off your plate.

We provide bookkeeping services. We can step in to manage your data entry, reconcile your accounts, set up automated bank feeds, and optimize your chart of accounts for better reporting.

📥 Shoot us a message today and let's get your baseline flawless!

Client Spotlight!!

We love highlighting the visionaries we get to work with, and don Fred is exactly that. They are completely redefining Italian street food by proving that tradition and innovation can dance perfectly together on the same plate.

Every single dish they serve tells a story of possibility, built on the belief that a really good meal has the power to spark great conversations and change minds.

We love being part of their business journey and keeping their financial compliance 100% on track. 📊📈

Check them out at https://www.donfred.com.au/.

Book a table, and see exactly what we're raving about!

Beware of this ASIC Company Annual Review Scam

We shred these when we get them, and never forward them to our clients, but if they manage to mail it to you directly, do the same, shred it as soon as you see it.

And if you can spare the time, help us put pressure on ASIC to wind up this business and all other scams like it by reporting it here: https://www.scamwatch.gov.au/report-a-scam

👉 Read full article below: https://www.news.com.au/lifestyle/real-life/news-life/asic-responds-to-letter-targeting-aussie-businesses/news-story/3f842aeed37592bf175a11ce7b9488ea