Click Advisory

Not every business purchase is deductible! The ATO has three golden rules and they matter.

Here’s what you need to know about deductions:

1. The expense must be for your business, not personal use.

2. If it’s split between personal and business (like your phone), only claim the business portion.

3. You must have records invoices, receipts, logs to prove it.

Common tax-deductible items include:

Software and subscriptions

Equipment and office supplies

Advertising and marketing

Business travel

Professional services (including bookkeeping and advisory!)

Send us a message or book a quick call and we’ll help you sort your business deductions!

EOFY is here and if you have employees (or pay yourself via payroll), there are a few key things you must check off before 30 June.

Here’s your EOFY obligations checklist:

- Finalise Single Touch Payroll (STP) reporting by 14 July

- Reconcile your payroll and super records

- Ensure all super payments are made and cleared before 30 June if you want the deduction this financial year

- PAYG summaries are now issued through STP (no more manual group certificates)

- Plan for 1 July changes

Not sure where to start or feeling overwhelmed? Send us a message.

Waiting to see what’s left after expenses isn’t a strategy.

Building a profitable business starts with setting clear goals, paying yourself first, and making decisions that support long-term growth.

Profit is a priority not an afterthought.

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