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💡 Standard deduction doesn’t mean free money.

For the 2025–26 tax return, eligible taxpayers may claim up to $300 under the new standard deduction rules, increasing to $1,000 from 2026–27.

But remember: you still need to have genuinely incurred eligible work-related expenses. It’s not an automatic gift from the ATO.

✅ Expenses must be work-related
✅ Claims should be reasonable and justifiable
✅ Keep supporting records where required
✅ Don’t claim an amount just because the threshold is available

A deduction reduces your taxable income — it is not a dollar-for-dollar refund.

Claim correctly. Keep records. Stay compliant.

The clock is ticking! ⏳

October 31 is the official deadline to lodge your tax return, and missing it could lead to costly ATO late penalties.

Don’t leave your taxes to the last minute. The team at Premium Books & Taxes makes lodgment fast, accurate, and completely stress-free. Let us handle the numbers while you enjoy peace of mind.

📞 Call: 0415 413 029
✉️ Email: [email protected]
📍 Visit: 30713, 9 Lawson St, Southport QLD 4215

Devastating floods have impacted communities across Nepal, and many people living in Australia are looking for ways to support relief efforts back home.

If you are donating from Australia, your generosity can also be tax-effective:

Verify DGR Status: Ensure the charity is registered as a Deductible Gift Recipient (DGR) with the Australian Taxation Office (ATO).

Use Official Channels: Donate directly through verified organisations to ensure funds reach those in need safely.

Keep Your Receipts: Retain transaction receipts to claim eligible deductions at tax time ($2 or more).

Every contribution makes a real difference to those on the ground. ❤️🇳🇵🇦🇺

General information only. Check official ATO guidelines or consult a registered tax agent regarding your personal tax deductibility.

📞 Call: 0415 413 029
✉️ Email: [email protected]
📍 Visit: 30713, 9 Lawson St, Southport QLD 4215

Just because you paid for it doesn’t automatically make it tax-deductible! 💼❌

As you get ready for the 2025–26 tax season, make sure your claims meet the ATO's golden rules:

📁 Work-related: Directly tied to earning your income
🧾 Properly documented: Supported by valid receipts or records
✅ Eligible: Not claimed elsewhere or reimbursed by your employer

Don’t risk an audit or miss out on deductions you're actually entitled to. Let a registered tax agent handle it for you.

📞 Call: 0415 413 029
✉️ Email: [email protected]
📍 Visit: 30713, 9 Lawson St, Southport QLD 4215

Are you claiming work-related car expenses this tax season? Knowing which method to use can make a big difference to your refund:

🚗 Cents-per-Kilometre Method: Claim 88¢ per km (up to a maximum of 5,000 business km). Simple, with no logbook required, though you must be able to show how you calculated your distance.
🚗 Logbook Method: Claim actual work-related expenses based on a valid 12-week logbook percentage. Great for higher business travel or significant vehicle running costs.

Not sure which option maximizes your return? Let’s get your tax return right.

📞 0415 413 029

📧 [email protected]

📍 30713, 9 Lawson St, Southport QLD 4215

⚠️ **Is your small business attracting the ATO’s attention?**

Small compliance issues can become bigger problems when they’re left unchecked.

Staying on top of your **tax, super, reporting and record-keeping obligations** can help reduce risk and keep your business running with confidence.

💡 **Good habits today mean fewer surprises tomorrow.**

Need help getting your books and tax obligations in order? **Premium Books & Taxes** is here to help.

Working from home this financial year? Make sure you’re claiming every cent you’re entitled to—without making common deduction mistakes! 📊

If you’re using the fixed-rate method (70¢ per hour), remember that it already bundles key running expenses such as electricity, internet, mobile usage, and stationery. Claiming these separately on top can lead to ATO red flags for double-claiming.

Let our registered tax agents handle the details so you get the maximum, compliant refund.

📍: 30713, 9 Lawson St, Southport QLD 4215
📞: 0415 413 029
📧: [email protected]
🌐: www.premiumbtx.com.au http://www.premiumbtx.com.au

💰 Could some of the **$21 billion in lost super** be yours?

The ATO says billions in lost and unclaimed super are waiting to be reunited with Australians.

It only takes a few minutes to check whether you have super you may have forgotten about or lost track of.

👉 Check your lost super through the ATO and make sure your retirement savings are where they belong.

**Do you engage independent contractors in your business?**

Having an ABN, sending invoices, or being called a “contractor” doesn’t automatically mean super isn’t payable.

If you’re paying a contractor mainly for their **own labour, personal effort and skills**, you may have super obligations.

Where super applies, contributions must be:
✅ Paid for each payday
✅ Received by the contractor’s super fund within **7 business days after payday**

Understanding your obligations early can help your business stay compliant and avoid unexpected super liabilities.

📌 Check the latest ATO guidance for your circumstances.