Hollmac

A friendly reminder that BAS are due for lodgement before 25th August 2026

❎ Myth: ‘I only worked for part of the year, so I won’t have to pay tax’...

✅ Fact: Tax depends on your total income, not the months you worked.
| Australian Taxation Office

❎ Myth: ‘I only worked for part of the year, so I won’t have to pay tax’... ✅ Fact: Tax depends on your total income, not the months you worked. | Australian Taxation Office ❎ Myth: ‘I only worked for part of the year, so I won’t have to pay tax’... ✅ Fact: Tax depends on your total income, not the months you worked.

You may have heard about the ‘$1K instant tax deduction’ 👀
We call it the ‘standard deduction for work-related expenses’.

It’s important to know:
❌ It starts in 2026-27
❌ It doesn’t apply to Tax Time 2025–26. | Australian Taxation Office

You may have heard about the ‘$1K instant tax deduction’ 👀 We call it the ‘standard deduction for work-related expenses’. It’s important to know:❌ It starts in 2026-27 ❌ It doesn’t apply to Tax Time 2025–26. | Australian Taxation You may have heard about the ‘$1K instant tax deduction’ 👀 We call it the ‘standard deduction for work-related expenses’. It’s important to know: ❌ It starts in 2026-27 ❌ It doesn’t apply to Tax...

ATO warning over $1,820 'nasty surprise' as fine increases for missing tax return deadline

ATO warning over $1,820 'nasty surprise' as fine increases for missing tax return deadline The cost of crossing the ATO just got pricier.

Reminder for large employers: the 2026 payroll tax annual return is due before 21st July 2026. Make sure your records are ready, including payroll figures and any supporting details, to avoid last-minute delays. If you’d like help reviewing or preparing your return, contact Hollmac Accounting today.

Australian Taxation Office

Over 595,000 tax returns adjusted as ATO warns against early lodgment The ATO is warning taxpayers not to rush to lodge.

Australia's 2026 Tax Changes: What do Crypto Investors Need to Know?

Australia's 2026 Tax Changes: What do Crypto Investors Need to Know? The new Federal Budget introduces several changes for Australian investors. Here's what’s shifting and how it will impact cryptocurrency investors.

There was more in the 2026 budget than we were expecting

There was more in the 2026 budget than we were expecting Follow the latest headlines from ABC News, Australia's most trusted media source, with live events, audio and on-demand video from the national broadcaster.

I will be on leave from 3 July and returning on Monday 13 July 2026. I will have limited service during this time, but if anything urgent comes up, please feel welcome to call or text.