TAX MODE

19/10/2026

Most refunds aren’t late. They’re stuck.

Lodging yourself before 31 October? Check these five first.

1. Lodging too early. Wait until your income statement is marked “tax ready” and your bank interest has prefilled. Lodge before that and you may have to amend.

2. Leaving income out. Side jobs, ride share, Airtasker, bank interest and overseas income if you’re a resident. The ATO gets data from employers, banks and many platforms.

3. Claiming what you can’t prove. No record, no claim. Work from home hours, your car logbook and receipts. Over $300 in work expenses generally needs written evidence.

4. Claiming private costs. Everyday clothes, driving from home to work, and costs your employer paid back generally can’t be claimed.

5. Wrong bank details. Check your BSB and account number before you hit lodge. One wrong digit can hold up the money you’re owed.

Want a second set of eyes? With a registered agent you usually get longer. Get on our list before 31 October.

DM us “TAX” to get started.

Save this for when you lodge.

General information only, not personal advice.

13/10/2026

Most people think the clock starts when they pay. It doesn’t. The ATO wants you to keep your records for 5 years from the day you lodge your return, not the day you paid.

Here is what to hold onto:
Receipts, invoices, your logbook and your work from home hours.

Here is the easiest way to do it:
Photo it the day you pay. The myDeductions tool in the ATO app works well for this.

One more thing to know: work expenses above $300 generally need written evidence.

Records can need to be kept longer if the ATO is reviewing your return, or for shares and property you plan to sell later.

Save this for tax time and send it to the friend who still has receipts in a shoebox.

General information only, not personal advice. Tax Mode, Registered Tax Agent 26229126.

12/10/2026

Before you lodge, have these ready. Your return takes half the time.

→ Your income statement in myGov, marked “tax ready” by your employer
→ Bank interest and dividends. Check what prefills, and add overseas interest yourself
→ Work expense records: receipts, work-from-home hours, car diary or logbook
→ Your private health insurance statement
→ Side income and rental records: ABN income, ride-share, Airtasker, rent and the costs that go with them

Claiming more than $300 in work expenses? You generally need written evidence, like receipts.

Got it all together? DM us “TAX” and we’ll tell you what’s missing.

General information only, not personal advice. It doesn’t take your circumstances into account, so speak with a registered tax agent before acting.
Tax Mode · Registered Tax Agent 26229126

07/10/2026

31 October isn’t your deadline. Not if you do this first.

If you lodge yourself through myTax, yes, it’s the 31st. But if you’re with a registered tax agent, you can usually get more time under their lodgment program.

The catch is that you need to be on their client list before 31 October. Leave it until November and that window has closed.

Not sure which one you are? DM us “TAX” and we’ll check your due date.

05/10/2026

Most people throw out their tax records far too early. The ATO generally expects you to keep them for five years from the date you lodge your return, and in some cases longer.

Here is what to hold onto:

01 Receipts and invoices
02 Car logbook and trip records
03 Your work from home hours
04 Rental income and expenses

If the ATO ever reviews your return, these are the first things they will ask for. Having them ready makes the whole process faster and far less stressful.

Save this post so you know exactly what to keep, and send it to someone who still has a shoebox of receipts.

Follow Texs mode🫀 for more practical tax tips.

General information only, not personal advice.

02/10/2026

01/10/2026

The tax deadline most people get wrong.

31 October is the date for anyone lodging their own 2025 to 2026 return through myTax. Most people who miss it didn’t know it was theirs.

Here’s the part that catches people out. If you use a registered tax agent, you usually get longer. Most agents have a lodgment program that lets them lodge for clients after 31 October. But you need to be on their list before the deadline. November is too late.

Your actual due date depends on your situation. Returns still outstanding from earlier years, or a large tax bill last year, can mean an earlier date. Your agent confirms yours

Miss it, and it can cost you. The ATO can apply failure to lodge penalties, plus interest on any tax you owe. And if you’re due a refund, it simply waits.

Have these ready:
01 Income statement in myGov, marked “tax ready”
02 Bank interest, dividends, share or crypto sales
03 Receipts for work related expenses
04 Rental income and expenses, if you own one
05 Private health insurance statement

Not sure where you stand? DM us “TAX” and we’ll check your due date and get you on our list before 31 October.

Save this and send it to someone who needs the reminder.

General information only, not personal advice. Tax Mode, Registered Tax Agent 26229126.

21/08/2026

Why do businesses fail? Why are insolvencies at an all time high? 2 points:

1. Cash flow management
2. ATO tax debt

Fix these 2 issues and you can manage the business finances well.

18/08/2026

GST is not your income. Lodge your BAS before its overdue on 25 August 2026. You could be lodged for delayed lodgement.

11/08/2026

⚠️ Business Owners ⚠️

There are two ways to legally pay NO TAX.

1. Spend all your money so your taxable income is 0.
2. Make no money so your taxable income is 0.

Hope this helps