Jiah Chartered Accountants

13 days left until EOFY. Here's your last-minute checklist.

Before 30 June, make sure you've done this:

- Prepay any deductible expenses (subscriptions, rent, professional fees)

- Write off any bad debts in your accounting system

- Make an additional super contribution (concessional cap is $30K for FY2026)

- Purchase any business assets under the instant asset write-off threshold

We're an experienced, friendly and responsive Chartered Accounting tax and accounting practice. Let us take away the burden of tax time and maximise your tax result.

The end of financial year is 22 days away. That means right now is the best time to get your documents in order, make last-minute deductions count, and set yourself up for a strong return.

Here’s what you can still do before 30 June to maximise your position:

- Make a personal super contribution
- Prepay expenses like insurance, subscriptions, work related licenses or memberships
- Purchase any work-related equipment you need
- Review your investment property deductions

Don’t leave money on the table. We’re right here in Glebe and we’re taking new clients now.

Most business owners don’t realise how much their bookkeeping is actually costing them.

Not in fees, but in time, stress, and missed opportunities.

If your books aren’t up to date, you’re likely:
• Making decisions without accurate numbers
• Falling behind on BAS and compliance
• Spending late nights chasing invoices and receipts
• Missing cash flow issues before they become serious

Good bookkeeping isn’t just data entry, it’s the foundation of a well-run business.

At Jiah Financial, we work with business owners who want clarity, structure, and confidence in their numbers.

If your bookkeeping feels like it’s falling behind (or taking too much of your time), it might be time for a better system.

TWO WEEKS TO GO!!
EOFY is almost here — are you ready?

Now’s the time to take action and ensure you’re in the best possible tax position for FY25.

Whether you’re a PAYG earner, investor, sole trader, or small business owner — having the right tax agent on your side can make a real difference.

- Maximise your deductions
- Avoid ATO surprises
- Get ahead before 30 June

Let Jiah Chartered Accountants help you wrap up the financial year with confidence.

If you use your mobile for work, you may be able to claim part of your phone bill as a deduction.

✅ Only claim the work-related portion
✅ Keep a 4-week diary or itemised bills
✅ Can’t claim separately if using the 70c/hr WFH fixed rate.

Our tip: Use the actual cost method if you want to claim mobile separately while working from home.

Keep records for 5 years.

Need help? We’re here to make tax time easy.

Drive between job sites or see multiple clients in a day?
You could be eligible to claim up to $4,400 as a tax deduction using the cents per kilometre method — no logbook required!

For the 2025 financial year, the ATO has increased the rate to 88 cents per km, up to a cap of 5,000 km. This method is perfect for those with regular, short-distance work travel.

✅ Simple
✅ No logbook
✅ Claim up to $4,400

But remember — travel must be work-related (not home-to-office), and you’ll need to show how you calculated the distance (think: calendars, diaries, rosters).

Reach out if you need help maximising your claim while staying compliant!

Tax time doesn’t need to be stressful.
At Jiah , we make tax season easy — with proactive advice, friendly service, and a sharp eye for maximising your deductions.

✅ Chartered Accountants
✅ Registered Tax Agents
✅ Local, efficient & approachable

📍 Based in Glebe, proudly helping individuals and small businesses across Sydney.

Make sure you tick off the ATO’s 3 non-negotiables:
1. You paid for it (and weren’t reimbursed)
2. It directly relates to earning your income
3. You’ve got the records to prove it

No receipts? No deduction.
Stay compliant. Maximise your position.

Boost your retirement and reduce your tax.

Consider making a personal super contribution before 30 June and claiming a tax deduction.

For FY2025, the concessional cap is $30,000 – and you might be eligible to carry forward unused cap amounts from prior years. Reach out to us to see how this could be a win/win tax strategy for you!

Individuals, Sole traders and small business owners, are you looking to maximise your tax position for 2025?

Prepaying expenses such as rent, insurance, subscriptions and superannuation before 30 June could bring forward tax deductions and significantly reduce your FY2025 taxable income.

Speak with us before 30 June to see how you can take full advantage.