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Emcares Accountants We offer tailored Accounting and Tax Agent Services to Small Businesses, Individuals, SMSFs & Investors in Australia. ABN: 93 663 701 602

Book a free 15 minutes discovery session with our team via our website www.emcares.com.au.

Still have your tax return on the to-do list? Here’s your reminder.⁠⁠📅 Lodging it yourself: Your 2025–26 individual tax ...
21/10/2026

Still have your tax return on the to-do list?

Here’s your reminder.⁠
⁠
📅 Lodging it yourself: Your 2025–26 individual tax return is due by 11:59 pm local time on Monday 2 November 2026.⁠
⁠
📅 Planning to use a tax agent: New clients must be on their agent’s client list by 31 October 2026. Contact your agent early to complete the required steps.⁠
Your agent will confirm your due date. Overdue returns from earlier years can affect eligibility for a later deadline.⁠
⁠
Expecting a tax bill? Lodge on time and ask about payment options if you’re finding it difficult to pay.⁠
⁠
Save this post so you have the dates handy.⁠
⁠
General information only. Your obligations depend on your circumstances.⁠
⁠

🏡 RENTAL PROPERTY OWNERS — ARE YOU MAKING THESE 3 TAX MISTAKES?The ATO has highlighted three common rental property dedu...
19/10/2026

🏡 RENTAL PROPERTY OWNERS — ARE YOU MAKING THESE 3 TAX MISTAKES?

The ATO has highlighted three common rental property deduction errors that could lead to incorrect tax claims.

❌ Mistake 1: Claiming all your loan interest
If you've used part of your rental property loan for personal expenses, that portion of the interest isn't deductible.

❌ Mistake 2: Treating improvements as repairs
Not all property expenses are immediately deductible. Renovations, repairs and new appliances have different tax treatments.

❌ Mistake 3: Forgetting to adjust for private use
Renting to family below market rates, using your property for holidays or renting only part of your home can affect your deductions.

✅ Getting your deductions right matters.

At EmCARES Accountants, we help property investors understand their tax obligations and claim eligible deductions correctly.

📩 Need help with your rental property tax return? Get in touch.

📌 Save this post for tax time.

📤 Share it with a fellow property investor.

Paying your ATO bill by credit card? Here's a change worth knowing about.From 30 November 2026, the ATO will stop accept...
01/10/2026

Paying your ATO bill by credit card?

Here's a change worth knowing about.

From 30 November 2026, the ATO will stop accepting credit card payments. If you pay your tax or your ATO payment plan by credit card, you'll need to switch to another payment method.

This matters most if you have a payment plan or direct debit linked to a credit card. You'll need to update your payment method before your first instalment due after 30 November 2026. It's easy to overlook until the day a payment is due, so a little time now can save you stress later.

Here's a simple way to get ahead of it:

-Check how you currently pay the ATO.
-Update any payment plan linked to a credit card.
-Make the change before your next affected payment.

For more information visit the ATO's website https://www.ato.gov.au/

Disclaimer:
This content is general information and does not constitute personal tax advice.

Do you rent out a holiday property but also reserve it for yourself, your family or friends?From 1 July 2026, ownership ...
28/09/2026

Do you rent out a holiday property but also reserve it for yourself, your family or friends?

From 1 July 2026, ownership and use expenses are only deductible where the holiday home is mainly used or held mainly for use to produce rental income.

The ATO will consider the property’s overall pattern of use, including whether it is genuinely available to paying guests during school holidays, public holidays and other peak-demand periods.

Property owners should review their booking calendars, private-use arrangements and supporting records now.

Contact EmCARES Accountants if you are unsure how the rules apply to your property.

This content is general information and does not constitute personal tax advice.

“Everyone can claim 5,000 kilometres” is one of the most common car-expense myths.For 2026-27, the cents-per-kilometre r...
23/09/2026

“Everyone can claim 5,000 kilometres” is one of the most common car-expense myths.

For 2026-27, the cents-per-kilometre rate is 91 cents. That could produce a claim of up to $4,550 per car, but only where there are 5,000 genuine, eligible work-related kilometres supported by a reasonable calculation.

Remember:

🚫 Normal home-to-work travel is generally private
🧾 Records are still required
🚘 Novated-lease expenses generally cannot be claimed
🔧 Running costs and depreciation are already included in the rate
📅 You cannot switch methods partway through the year for the same car

Not sure what you can claim? Contact EmCARES Accountants for advice based on your circumstances.

General information only and not personal tax advice.

Employee or Contractor? The Difference Matters.Calling someone a contractor doesn't automatically make them one ~ and ha...
03/08/2026

Employee or Contractor? The Difference Matters.

Calling someone a contractor doesn't automatically make them one ~ and having an ABN doesn't necessarily settle the question either.

In Australia, worker classification requires consideration of the actual working relationship, including the rights and obligations of the parties, rather than simply relying on the label used in an agreement.

Some of the important factors can include:

✓ Can the worker delegate or subcontract the work?
✓ How is the worker paid?
✓ Who provides the tools and equipment?
✓ Who carries the commercial risk?
✓ Who has control over how the work is performed?
✓ Is the worker operating independently or as part of the business?

Getting the classification wrong can have consequences for both businesses and workers, including superannuation and PAYG withholding obligations.

Other employment entitlements may also be affected and should be discussed with an appropriate legal or workplace relations professional.

And remember — super is about your future. Whether superannuation must be paid can depend on the particular working arrangement, even where someone is described as a contractor.

If you're unsure about a worker's classification, be sure to seek specialist legal and tax advice.

Don't rely on the label. Understand the relationship.

General information only. This is not legal or tax advice. Seek professional advice for your circumstances.

Think the ATO won't notice? It probably already has the information.The ATO now receives data from many different source...
01/08/2026

Think the ATO won't notice?

It probably already has the information.

The ATO now receives data from many different sources, not just what you include in your tax return. This can include your employer, bank, cryptocurrency exchange, investment provider, gig economy platform, Airbnb bookings, and contractor payments.

By matching this information, the ATO can identify income that has been left out or reported incorrectly.

Whether you earn money from one job or multiple sources, it's important to declare all of your income accurately. Taking the time to get it right can help you avoid amendments, penalties, and unnecessary attention from the ATO.

If you're unsure what income needs to be declared or need help preparing your tax return, contact our team.

We're here to help you lodge with confidence.

Ready to lodge your tax return? A few simple checks before you submit can save you time and help you avoid unnecessary m...
29/07/2026

Ready to lodge your tax return?

A few simple checks before you submit can save you time and help you avoid unnecessary mistakes.

Taking a little extra time to check your documents, confirm your income, review your deductions, and make sure all your records are complete can help you lodge with confidence and reduce the risk of mistakes.

If you're unsure whether you're ready to lodge or want to make sure everything has been included correctly, contact our team.

We're here to help you get it right the first time.

Could you be paying the Medicare Levy Surcharge without realising it?The Medicare Levy Surcharge (MLS) is an additional ...
24/07/2026

Could you be paying the Medicare Levy Surcharge without realising it?

The Medicare Levy Surcharge (MLS) is an additional tax that may apply if your income is above certain thresholds and you or your family do not have an appropriate level of private hospital cover.

Many people assume the MLS is based only on taxable income, but the calculation can also include:

• Reportable fringe benefits
• Reportable super contributions
• Net rental property losses
• Net investment losses
• Your spouse’s income in some circumstances

For families, all relevant family members generally need to be covered by an appropriate private hospital policy.

Having private health insurance for only part of the financial year may not fully exempt you. Your income, family circumstances, type of policy and number of days covered can all affect the final calculation.

Unsure whether the Medicare Levy Surcharge applies to you? Our team can help you understand your position before lodging your tax return.

Late tax payments have become more expensive for Australian businesses.From 1 July 2025, General Interest Charge (GIC) a...
23/07/2026

Late tax payments have become more expensive for Australian businesses.

From 1 July 2025, General Interest Charge (GIC) and Shortfall Interest Charge (SIC) imposed by the ATO are no longer tax-deductible.

This means that if your business pays its tax late or has a tax shortfall, the interest charged by the ATO can no longer be used to reduce your taxable income.

To help minimise the impact:

• Pay outstanding tax debts as soon as possible
• Contact the ATO to discuss a payment plan where necessary
• Review your cash flow and set funds aside for future tax obligations
• Consider whether suitable finance options may help manage your payments

Ignoring an ATO debt can make it more costly over time, so it is important to take action early.

Concerned about your business tax obligations? Get in touch with our team to discuss your options and keep your business on track.

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4. 09D, 5 Celebration Drive
Bella Vista, NSW
2153

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Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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