Just You Accounting

This means you can’t just copy and paste your deductions from last year 🙅

You may however be able to claim similar expenses as deductions in your new tax return.

To claim a deduction for a work-related expense, there are 3 golden rules:

1. you must have spent the money yourself, and weren’t reimbursed
2. the expense must directly relate to earning your income
3. you must have a record (usually a receipt) to prove it.

👉 If your expense was for both work and private purposes, you can only claim a deduction for the work-related portion.

🎉 We’ve struck GOLD! 🏆
We’re proud to announce that we’ve officially achieved Xero Gold Partner status!

This milestone reflects our commitment to delivering exceptional cloud accounting services and our dedication to helping clients thrive with Xero.

A huge thank you to our amazing team and loyal clients — we couldn’t have done it without you! 💙

Here’s to continued growth, innovation, and success together. 🚀

Nothing like EOFY to make a change to your business bookkeeping.

Xero

🐍 The snake symbolises wisdom, careful planning and growth. They're strategic and move with precision.

Ssssstaying on top of your tax and super is about being thoughtful and well-prepared. Channel these clever creatures this Lunar New Year to set yourself up for a successful 2025.