by C&N Accountants | Jun 30, 2025 | EOFY, Tax & Accounting, Tax Planning
If you’re thinking about claiming an air fryer, luxury clothing, or swimwear on your tax return, think again. The ATO is warning taxpayers to stay within the rules this year. With the 2025 tax season approaching, the Australian Taxation Office (ATO) is reminding...
by C&N Accountants | Sep 4, 2023 | ATO, EOFY, Tax Deductions, Tax Planning, Tax Refunds
Many Australians are wondering why their tax refunds have significantly decreased. In this article, we explore the reasons behind this phenomenon. The Psychology of Tax Refunds Tax refunds hold a special place in the hearts of Australians. Our nation heavily relies on...
by C&N Accountants | Jul 28, 2023 | EOFY, Income Tax, Tax & Accounting, Tax Planning, Tax Refunds
Its Tax Time again and as you prepare for lodging your return we want to ensure why you need to understand the importance of lodging your returns and fulfilling your tax obligations. Lodging an income tax return is an important financial responsibility for individuals...
by C&N Accountants | Jun 15, 2023 | ATO, EOFY, How To, Superannuation, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Did you know that you can make a concessional superannuation contribution and get $5000 or more as a tax refund this year? Super concessional contribution caps There is a limit on how much you can put into super each year from your pre-tax income. Such contributions...
by C&N Accountants | May 30, 2023 | ATO, EOFY, How To, Small Business, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Here’s a guide to the strategies you can use to minimise your business tax. What you should consider before June 30 this year. IS YOUR BUSINESS A “SMALL BUSINESS” ENTITY? Small businesses can access a range of tax concessions from the ATO. To qualify as a “Small...
by C&N Accountants | May 30, 2023 | ATO, EOFY, How To, Tax & Accounting, Tax Planning, Tax Refunds, Tax Tips
Now’s the time to review what strategies you can use to minimise your tax before 30 June 2023. Imagine what you could do with tax saved? You could: Reduce your home loan Top up your super Save for a holiday Save for a deposit for an Investment Property Pay for...
