Acclaim Accounting

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Long-term partnerships build the best outcomes!

For nearly three years, Karen has trusted Frankie and the team at Acclaim Accounting to manage her accounts with professional, reliable, and clear communication every step of the way.

Thank you, Karen, for your continued trust and support! Knowing our clients feel confident and well looked after is why we do what we do. 🤝

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

Meet Molly, Our Detail-Oriented & Always-Reliable Junior Accountant!

Holding a Graduate Certificate in Professional Accounting, Molly is an absolute legend behind the scenes here at Acclaim.

She’s meticulous, methodical, and loves that no two client files are ever the same.

Molly keeps things sorted behind the scenes so our clients get smooth, stress-free results. Clients love how approachable and helpful she is, and we couldn't ask for a better team player!

Meet the rest of our team: https://bit.ly/4wOkPSi

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

Fake ATO Phone Appointment Scam Alert

Watch out for fake ATO email invites. Scammers are sending emails about fake phone appointments with attachments linking to phishing sites. Remember: The ATO never emails attachments with login links.

See the full scam warning & safety tips: https://bit.ly/4byHolt

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

ATO Electoral Roll Data Matching Live

The ATO is cross-checking voter records. In a massive sweep, the ATO is collecting AEC data for ~18M voters quarterly. Addresses, names, and occupations are being matched to flag unreported tax obligations.

Read how the ATO data-matching program works: https://bit.ly/4hS4eIu

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

Division 7A Rate Rises to 8.77% 📈

Private company loans just got more expensive. The ATO Division 7A benchmark rate is up to 8.77% for 2026–27 (from 8.37%). Update your Minimum Yearly Repayments now to prevent unexpected dividend penalties.

Calculate your updated minimum repayments: https://bit.ly/4wMWPis

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

ATO Warning on Property Manager Reports

Don't just copy-paste your rental statements. The ATO warns that manager reports often misclassify capital improvements as instant deductions or bundle private costs. Review your breakdown closely before lodging.

Learn about the top rental deduction traps to avoid: https://bit.ly/4q1XKZz

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

New SMSF Borrowing Restrictions

Important update for SMSF property investors. Effective 10 August 2026, new Limited Recourse Borrowing Arrangements (LRBAs) can only be used to buy business real property. Existing residential LRBAs remain safe.

See how these new rules impact your super strategy: https://bit.ly/4xnRLAX

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

ATO Warning on WFH Expense Claims

Claiming rent or mortgage interest for working from home? Red flag. The ATO is cracking down. To claim occupancy costs, your workspace must be a formal 'place of business' with clear restrictions on private use.

Check if your home workspace meets the criteria: https://bit.ly/4hTwryG

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

Loss Carry Back Returns for Companies

Turn past losses into cash refunds. Proposed rules bring back 'loss carry back' for companies starting 1 July 2026. Apply a current tax loss against taxed profits from the last two years for a direct refund.

Find out how much you could claim back: https://bit.ly/4fGxwsi

📞 (08) 9392 7600 | 🌐 http://www.acclaimacc.com.au

Permanent $20k Instant Asset Write-Off

Big news for small business cash flow. Legislation is in to permanently lock in the $20,000 instant asset write-off threshold from 1 July 2026. Instantly deduct eligible assets and avoid the 'lock-out rule' through 2027.

Read the full update & eligibility rules: https://bit.ly/3RXF6pb

📞 (08) 9392 7600 | 🌐 https://lnkd.in/gXPS68hp