Strategic Tax and Business Solutions

25/04/2026

For the 2025–26 income year (ending 30 June 2026), the ATO instant asset write-off threshold is $20,000 per asset, not $30,000, for businesses with an aggregated turnover of less than $10 million.

Eligible assets must be first used or installed ready for use between 1 July 2025 and 30 June 2026.

Key Details for 2025–26
Threshold: Under $20,000 per asset.

Eligibility: Businesses with aggregated annual turnover under $10 million.

Timing: Assets must be first used or installed ready for use between 1 July 2025 and 30 June 2026.

Multiple Assets: You can apply the write-off to multiple assets, provided each individual asset costs less than the $20,000 threshold.

Exclusions: Assets costing $20,000 or more cannot be immediately written off; they can be placed in the small business pool and depreciated at 15% in the first year and 30% in subsequent years.

Important Notes
Per-Asset Basis: The $20,000 limit applies to each asset, not the total cost of all assets purchased.

Second-Hand Assets: Eligible used assets can also qualify for the write-off.

Home-Based Businesses: The write-off applies to the business portion of an asset.

For the most up-to-date information and specific eligibility requirements, it is recommended to visit the ATO's official Small Business Support page or come and chat with us, as your accountants for more specific tailored strategies and advice.

https://www.ato.gov.au/about-ato/new-legislation/in-detail/businesses/small-business-support-20000-dollar-instant-asset-write-off

Strategic Tax and Business Solutions 🌻

Temporary increase of the instant asset write-off limit from $1,000 to $20,000 for the 2025–26 income year.

28/02/2026

The Right Structure: More Than Meets the Eye! https://mailchi.mp/a9107fa3e88c/the-right-structure-more-than-meets-the-eye

26/02/2026

5 Compliant Ways Small Businesses Can Legally Minimise Tax

Running a business? Here are five practical, ATO-compliant ways to reduce taxable income:

1️⃣ Maximise legitimate deductions
Ensure all business-related expenses are correctly captured — vehicles, equipment, home office, subscriptions, and professional services.

2️⃣ Review timing of income & expenses
Strategic timing (where appropriate) of invoicing or prepaying expenses before 30 June can legitimately reduce this year’s taxable income.

3️⃣ Use small business concessions
Access available ATO concessions such as instant asset write-offs, simplified depreciation, and small business CGT concessions.

4️⃣ Super contributions strategy
Making deductible super contributions before year-end can reduce taxable profit while strengthening long-term wealth.

5️⃣ Structure review
Operating as a sole trader, company, trust, or partnership can significantly impact tax outcomes — the right structure matters.

At Strategic Tax & Business Solutions, our qualified accountants work closely with local business owners to assess deductions, apply relevant Australian tax concessions, and build compliant tax strategies that improve clarity and cash flow.

Smart planning. Clearer numbers. Stronger local businesses.

24/02/2026

Better Bookkeeping Frees Up Your Time and Improves Cashflow -

What many business owners don’t realise is that poor or inconsistent bookkeeping doesn’t just create admin stress — it quietly drains time and cashflow.

24/02/2026

We would like to welcome Nathan to our team.

Nathan is an experienced accountant with over 10 years in public practice, providing comprehensive accounting and taxation services to small, medium, and large businesses across a broad range of industries.

Throughout his career, Nathan has worked closely with business owners at every stage of their journey. As a former small business owner himself, he brings first-hand insight into the practical challenges and opportunities that come with running a business. This experience enables him to deliver strategic, tailored advice that goes beyond compliance and supports long-term success.

Nathan is known for his relaxed and personable approach, translating complex accounting and taxation matters into clear, practical guidance. He works closely with clients to help them achieve both their business objectives and personal tax goals with confidence.

Please email [email protected] or call 0754992986 to schedule a meeting with Nathan.

07/02/2026

Cashflow in Business

What It Is, Why It Matters, and How to Manage It

A practical guide to protecting your cash, avoiding ATO debt, and keeping your business stable.

https://mailchi.mp/c292bca0d43e/manage-ato-debt-improve-cashflow

04/02/2026

Tax Planning: What is it, why it matters, and what to do before 30 June

Hi everyone,

When most people think about tax, they think about “tax time”. But the biggest opportunities usually come before the end of the financial year — with a plan. Tax strategies can help everyone even individuals! Remember… after 30 June it is too late to go back and plan for tax time!

What is tax planning?

Tax planning is the process of legally organising your finances and business decisions to:

-reduce your tax where appropriate,
-improve cash flow,
-avoid surprises (like unexpected tax bills),
-and make sure you’re using the deductions, concessions, and structures available to you.

It’s not about “last-minute tricks”. It’s about making smart decisions early enough that you can actually act on them.

Why tax planning is worth it!!!

A good plan helps you:

-keep more of what you earn (by claiming what you’re entitled to),
-make confident decisions (with clarity on tax and cash flow),
-stay compliant (less risk of errors or missing obligations),
-reduce stress (because you’re not scrambling at year-end).

What tax planning looks like in real life!!!

Tax planning often includes things like:

-timing income and expenses appropriately,
-making sure your record keeping is audit-ready,
-reviewing super contributions and salary packaging,
-checking whether your structure still suits your situation,
-and ensuring you’re not missing key deductions or concessions.

Helpful tax planning ideas (general guidance)!!!

For individuals & families......

-Work-related deductions: Make sure you have records for expenses that are genuinely work-related (and not reimbursed).

-Super contributions: Check if extra contributions could help (and whether you’re eligible and within contribution caps).

-Health insurance: Review whether the Medicare Levy Surcharge may apply to you.

-Donations: Ensure gifts are to deductible gift recipient (DGR) charities and keep receipts.

For investors (property/shares/crypto)......

-Capital gains tax (CGT): Consider timing of asset sales and whether the CGT discount may apply (where eligible).

-Investment expenses: Interest, agent fees, depreciation reports, and other costs may be relevant—good records matter.

-Prepayments: Some investment-related prepayments can impact deductions depending on the situation.

For small business owners.....

-Profit & cash flow check-in: Estimate taxable profit early so you can plan for tax, super, and BAS.

-Write-offs and asset purchases: Timing of equipment purchases and asset write-offs can matter.

-Wages, super and contractor checks: Avoid surprises by confirming correct treatment and staying up to date.

-Structure review: As your business grows, it may be worth revisiting whether your current structure still fits.

How to get the best result from tax planning!!!

The best time to plan is before year-end, and the best plans are built on:

-an up-to-date picture of your income/profit,
-clean records, and
-a quick conversation about what’s changed (new job, new investment, business growth, family changes, etc.).

If you’d like, we can do a short tax planning check-in and provide:

-an estimate of your likely tax position,
-planning options available to you,
-and a clear action list to implement before year-end.

Please email or call us to book your tax planning review and request a tax planning checklist.

Warm regards,

The Strategic Tax Team
Ph - 0754992986

Email - [email protected]

Call now to connect with business.

21/01/2026

https://mailchi.mp/bd51fe2d0a27/tax-planning-what-it-is-why-it-matters-and-what-to-do-before-30-june

16/01/2026

This year the team at Strategic Tax and Business Solutions are extremely proud to be sponsors and club auditors of the Beachmere Rugby League Club! Can't wait to see you all down there supporting the players and the club! GO THE PELICANS!

22/12/2025

🎄 Christmas & New Year Break (2025–2026) 🎄

As we wrap up another year, the team at Strategic Tax/Clarke Accounting will be taking a short break to spend time with family, recharge, and prepare for the year ahead.

We truly appreciate the opportunity to support and work with you all and look forward to working with you again in 2026.

We wish you and your loved ones a very Merry Christmas and a happy, healthy New Year ✨

📅 We’ll be closed from Friday 19 December 2025 and will reopen on Monday 12 2026.

Katie will be monitoring emails occasionally for urgent matters only during this time, so please direct any queries to [email protected]. All other enquiries will be attended to once we return.

Thank you for your continued trust and support throughout the year.