06/08/2025
π£ ABN Holders β Tax Time Tips! π§Ύ
Are you a sole trader, freelancer, or small business owner with an ABN?
Tax time is here β and itβs important to get it right β
Here are 5 quick tips from iSKV Accountancy Group to make your 2024β2025 tax return stress-free:
1οΈβ£ Keep all your receipts and invoices β good records = better deductions
2οΈβ£ Claim what you're entitled to β office, tools, travel, internet
3οΈβ£ Set aside 20β30% of your income for tax
4οΈβ£ Donβt forget about voluntary super contributions
5οΈβ£ Avoid mixing personal and business expenses
π‘ What's new this year?
β Instant asset write-off rules changing
β ATO cracking down on gig income and expense claims
β Super guarantee now 12% (if you have staff or contractors)
Need help lodging your tax return?
We specialise in ABN holders β from tradies to side hustles to full-time businesses.
π Book your appointment today at www.iskv.com.au or message us directly.