Owing VS Knowing: How To Maximise Deductions

Pictured: Krystine Canny-Smith standing smiling in a black flowy dress with her hands in the pockets. Behind her is an image of a white building infront of a blue skue, there is a blue sign on the building that reads: "Income Tax".

This tax time, a lot of people have been asking me what they should be doing to maximise deductions.  It’s a great question, but a better one is… “What should I be doing between now and June 2026 to maximise deductions?”

ATO Tax Time Targets for 2025

Pictured, Adam Ramage wearing a white shirt and black trousers, with his hands on his hips, he has a big smile on his face. Behind him is an image from behind somebody who has drawn a bow and arrow about to shoot at a target.

With Tax Time 2025 here, we want to share with you what is in the spotlight for the Australian Taxation Office (ATO) this year

Can My Business Get A Tax Refund?

Pictured: Adam Ramage wearing a white shirt and black trousers, with his hands on his hips. Behind him is an image of a dark green painted wooden sign that reads "Answers, 1km" with an arrow pointing to the right.

Let’s start with the obvious.  None of us enjoy paying tax, and the thought of a tax refund is always appealing.  So how can you make that happen when running a business

ATO Tax Time Targets for 2024

Tax time is here once again, and we are all sitting quietly waiting to know what the ATO is going to be focusing on this year

ATO Tax Time Targets for 2023

Pictured, Director Amanda Wilkens standing in front of a stock picture of a blurred blue, red and yellow target with a bow pointing out.

In terms of individual income tax deductions, the ATO has announced that it is going to be focusing on four areas for the 2023 financial year