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Premium Books and Taxes Qualified & experienced bookkeepers, accountants & registered tax & BAS agent to give you peace of mind regarding your bookkeeping, GST and taxes.

📈 Made a capital gain? Here’s what you should know.Selling an investment property or other asset this year? You may be e...
23/10/2026

📈 Made a capital gain? Here’s what you should know.

Selling an investment property or other asset this year? You may be eligible for the 50% CGT discount, but it’s a common misunderstanding:

✅ 50% CGT discount ≠ 50% less tax

Under current rules, eligible taxpayers who’ve held an investment property for at least 12 months may qualify for the discount. It reduces the capital gain included in your assessable income, not your tax bill by half. Capital losses and other eligibility rules can also affect how the discount applies.

⚠️ With broader CGT reforms set to change the treatment of gains accruing from 1 July 2027, timing and planning matter more than ever.

Understand the tax impact before you sell. Talk to the team at Premium Books & Taxes.

📞 0415 413 029
📧 [email protected]
📍 30713, 9 Lawson St, Southport QLD 4215

General information only. Tax treatment depends on individual circumstances and eligibility.

💰 How do franking credits actually work?If you hold Australian shares, your dividend statement might show more than just...
19/10/2026

💰 How do franking credits actually work?

If you hold Australian shares, your dividend statement might show more than just the cash you received. Here’s the simple version:

💵 Cash dividend: the amount paid to you as a shareholder
➕ Franking credit: reflects tax the company has already paid
🟰 Grossed-up dividend: generally included in your assessable income

🔑 Key takeaway: the franking credit may be available as a tax offset, subject to eligibility and the applicable rules.

Before you lodge, check your dividend statement carefully. The franked amount, unfranked amount and franking credit all matter. 📄

Have questions about your dividends? Talk to the team at Premium Books & Taxes.

📞 0415 413 029
📧 [email protected]
📍 30713, 9 Lawson St, Southport QLD 4215

General information only. Tax treatment depends on individual circumstances and eligibility.

🏠 Repair or Improvement? It matters at tax time.Not every dollar spent on your rental property is treated the same way b...
16/10/2026

🏠 Repair or Improvement? It matters at tax time.

Not every dollar spent on your rental property is treated the same way by the ATO. Before you claim, it’s worth knowing which category your work falls into:

🔧 Repair: fixing wear, damage or deterioration that happened while the property was rented. May be immediately deductible.

🛠️ Initial repair: fixing defects that already existed when you bought the property. Generally capital in nature.

🎨 Improvement: renovating, upgrading or replacing an entire structure. Generally treated as capital expenditure.

Getting it wrong can mean a missed deduction, or an amended return you didn’t plan for. 💡

Not sure where your expense fits? Talk to the team at Premium Books & Taxes before you lodge.

📞 0415 413 029
📧 [email protected]
📍 30713, 9 Lawson St, Southport QLD 4215

💰 Same dividend. Different tax treatment.Did you know that not all dividends are taxed the same way? 🇦🇺Whether your divi...
13/10/2026

💰 Same dividend. Different tax treatment.

Did you know that not all dividends are taxed the same way? 🇦🇺

Whether your dividend is fully franked, unfranked or partly franked, the franking credits attached can make a difference to your tax outcome.

✅ Fully franked — includes franking credits for tax paid by the company.
✅ Unfranked — no franking credits attached.
✅ Partly franked — franking credits apply to only part of the dividend.

📄 Don’t guess. Check your dividend statement! Understanding your dividend income can help you get your tax return right.

Need help understanding your dividends? Our team at Premium Books & Taxes is here to help!

📞 0415 413 029
📧 [email protected]
📍 9 Lawson St, Southport QLD 4215

📉 Made a Company Tax Loss? You May Be Able to Carry It Back! 💰From 2026–27, eligible companies may be able to carry back...
09/10/2026

📉 Made a Company Tax Loss? You May Be Able to Carry It Back! 💰

From 2026–27, eligible companies may be able to carry back a tax loss against taxable income from the previous two income years.

✅ Apply eligible losses against earlier taxable income.
✅ Potential tax offset, subject to eligibility and limits.

🏢 Could Your Company Qualify?

Talk to Premium Books & Taxes to explore your options.

📞 0415 413 029
📧 [email protected]
📍 30713, 9 Lawson St, Southport QLD 4215

Eligibility, prior tax liabilities and other conditions apply. General information only. Please seek professional tax advice to determine your eligibility.

Card surcharges are officially banned, but your processing fees haven’t disappeared. 💳❌   If you operate a business, pas...
06/10/2026

Card surcharges are officially banned, but your processing fees haven’t disappeared. 💳❌

If you operate a business, passing on transaction fees at checkout is no longer an option. To protect your profit margins and stay compliant, now is the time to review your pricing structure.

Here are 3 ways to adapt:
🔹 Absorb the cost into your current operating budget.
🔹 Adjust your overall pricing to reflect actual payment processing expenses.
🔹 Review your merchant fees with your payment provider to find more competitive rates.

Need help recalculating your margins or updating your pricing strategy? Send us a DM or reach out to our team at Premium Books & Taxes to get started.

Grow your business without the full-time overhead.Managing your business’s finances shouldn't mean taking on unnecessary...
05/10/2026

Grow your business without the full-time overhead.

Managing your business’s finances shouldn't mean taking on unnecessary overhead or spending your weekends reconciling accounts. At Premium Books & Taxes, we provide flexible, reliable accounting and bookkeeping support designed specifically for Australian businesses.

🔹 Save Time: Focus on operations and growth while we take care of the books.
🔹 Stay Organised: Accurate, compliant, and up-to-date records year-round.
🔹 Better Visibility: Real-time financial clarity so you can make informed decisions.

📍 Registered Tax Agent: 26268988
📞 0415 413 029
✉️ [email protected]
🏢 30713, 9 Lawson St, Southport QLD 4215

👉 Contact us today to simplify your accounting.

Seeing $50,000 on your employment contract doesn’t mean $50,000 lands in your bank account.Between income tax withholdin...
28/09/2026

Seeing $50,000 on your employment contract doesn’t mean $50,000 lands in your bank account.

Between income tax withholdings, the Medicare levy, and other deductions, your gross salary and your take-home pay can look very different. Knowing your actual net pay is essential for realistic budgeting, savings goals, and avoiding tax-time surprises.

Need clarity on your payslip, tax bracket, or how to maximize your allowable deductions? We’re here to help.

📞 0415 413 029
✉️ [email protected]
📍 Southport, QLD

Did you know that what you spend out of pocket to get your job done could put money back in your pocket at tax time? 💼💰F...
25/09/2026

Did you know that what you spend out of pocket to get your job done could put money back in your pocket at tax time?

💼💰From daily work travel and specialized software to tools and equipment, work-related expenses add up quickly. Don’t leave your hard-earned money on the table by missing eligible deductions.

Let’s make sure you claim everything you're entitled to.📅 Book your tax return with Premium Books & Taxes today:
📞 0415 413 029
📧 [email protected]
📍 Southport, QLD

Starting a business is exciting, but running it profitably—and keeping up with compliance—is where the real challenge be...
20/09/2026

Starting a business is exciting, but running it profitably—and keeping up with compliance—is where the real challenge begins.

From ATO and ASIC obligations to GST and BAS lodgements, staying compliant shouldn’t take your focus away from growing your business. Let our registered tax specialists handle the numbers so you can focus on what you do best.

Get in touch with Premium Books & Taxes today:

📞 Phone: 0415 413 029

✉️ Email: [email protected]

📍 Office: 30713, 9 Lawson St, Southport QLD 4215

📋 Registered Tax Agent: 26268988

Address

Suite 30713, Level 7, 9 Lawson Street
Southport, QLD
4215

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61415413029

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