Seriously Accountants

Seriously Accountants Proud to deliver local, friendly service and offer a broader range of advice - tax, super, business

Seriously Accountants is proud to deliver local, friendly service to clients while offering a broader range of advice encompassing tax, super, business improvement and management, and succession planning. While accounting practices traditionally focus on preparing financial statements and tax returns, Seriously Accountants seeks to establish deeper relationships with its clients.

ATO TAX TIME Dos & Don'tsDo:* Take your time. Check your personal information and bank and super details are up to date....
31/08/2026

ATO TAX TIME Dos & Don'ts

Do:
* Take your time. Check your personal information and bank and super details are up to date.
* Review the ATO’s industry and occupation specific guides to understand what you can claim and what records are required to prove it.
* Engage a registered tax agent before 31 October if you plan to use one, and check they are registered with the Tax Practitioners Board.
* Download the ATO app to manage your tax and super and track the progress of your return.
* Use the myDeductions feature in the ATO app to keep and organise records for expenses and deductions.
* Stay alert to scams. Remember the ATO will never project a number when calling or send an unsolicited message with a link asking you to provide personal information or log in to ATO online services.
* Rely on information from verified sources such as the ATO website, ATO app or a registered tax professional.
* If you have already lodged in early July and realise you’ve made a mistake, for example forgetting to include some income, lodge an amendment.

ATO TAX TIME "Dos & Don'ts"Don't:* Be tempted to overclaim deductions or inflate expenses. The ATO has sophisticated dat...
31/08/2026

ATO TAX TIME "Dos & Don'ts"

Don't:
* Be tempted to overclaim deductions or inflate expenses. The ATO has sophisticated data-matching and analytics that can quickly identify claims that don’t stack up. The ATO may hold your refund for further investigation if it looks suspicious.
* Forget to report all income. This includes income from side hustles, cash jobs, rental properties, and online activities and content creation. If you exclude income, the ATO may amend your tax return and you may need to pay interest and penalties.
* ‘Copy and paste’ from your previous years’ returns. If your job or circumstances have changed, this needs to be reflected in your claims and return.
* Act on information from third-party sources such as artificial intelligence platforms, ‘finfluencers’, or advice from family or friends without verifying the information with a registered tax professional or the ATO.
* Claim the newly announced $1,000 standard work-related deduction. This doesn’t apply until Tax Time 2027.

Friday Funnies!
27/08/2026

Friday Funnies!

Taxable Payments Annual Report (TPAR) is due by 28th August (this Friday!)If you operate in building and construction, ...
25/08/2026

Taxable Payments Annual Report (TPAR) is due by 28th August (this Friday!)

If you operate in building and construction, cleaning, courier and road freight, information technology (IT), or security, investigation or surveillance, and pay contractors, you must lodge a TPAR each year reporting total payments.

If you run your small business from home, make sure you’re claiming the deductions you’re entitled to.Depending on your ...
20/08/2026

If you run your small business from home, make sure you’re claiming the deductions you’re entitled to.

Depending on your circumstances, you may be able to claim the decline in value of depreciating business assets (such as laptops, desks and office furniture) or running expenses associated with operating your business from home. This includes:
* electricity for heating, cooling and lighting
* phone and internet expenses
* office cleaning costs.

If you have a dedicated area in your home that is used as a genuine place of business, you may also be able to claim occupancy expenses. This may include rent, mortgage interest, council rates, land taxes or home insurance. Eligibility depends on your individual circumstances and will impact the main residence CGT exemption of the property.

Stressed about Pay Day Super?!Remember that you have longer time to pay the first eligible super guarantee contribution...
16/08/2026

Stressed about Pay Day Super?!

Remember that you have longer time to pay the first eligible super guarantee contribution you are making for a new employee or to a new complying super fund for an existing employee after you have stopped making contributions to another super fund.
In these situations, the contribution must be received by the super fund within 20 business days after the relevant QE day (payday).

You should process as per normal, but the extra time allows for fixing of any hiccups.

Boost tax deductions on an investment property with a Depreciation Report by a Quantity Surveyor.A Tax Deduction Report ...
11/08/2026

Boost tax deductions on an investment property with a Depreciation Report by a Quantity Surveyor.
A Tax Deduction Report will calculate deductions on Capital Works (the building) and/or Plant & Equipment of a residential or commercial property.
The cost of preparation of the report is also deductible.
Reports can be prepared on new or existing assets, so if you have recently purchased a property, ask us to point you in the right direction.

ATO interestSince 1 July 2025 interest charged by the ATO on tax debts is NOT tax deductible. This applies even if the ...
06/08/2026

ATO interest
Since 1 July 2025 interest charged by the ATO on tax debts is NOT tax deductible. This applies even if the debt relates to an earlier income year.
Loan interest on borrowings used to pay tax debts will only be deductible if the debt arose from carrying on a business.

Micro-DonationsThe requirement for a donation to be $2 or more to be a tax deduction no longer applies. This means all ...
03/08/2026

Micro-Donations
The requirement for a donation to be $2 or more to be a tax deduction no longer applies. This means all those 'round-up' donations you make at the check-out can now be claimed. The trick is that you MUST KEEP THE RECEIPT.

Donations must be made to a registered Deductible Gift Recipient (DGR). You can check an organisation's status by searching the ABN at ABN Lookup

Declare your wages by 31 August 2026 to save and access flexible payment options: • Interest-free monthly payments. Spre...
30/07/2026

Declare your wages by 31 August 2026 to save and access flexible payment options:
• Interest-free monthly payments. Spread your payments across the year and choose the direct debit date that works for your cashflow.
• A 3% pay-in-full discount. Declare by 31 August, then pay before 16 September to get 3% off your bill (for premiums over $200).

Address

8 Mourilyan Road
Innisfail, QLD
4860

Opening Hours

Monday 8:30am - 1pm
2pm - 5pm
Tuesday 8:30am - 1pm
2pm - 5pm
Wednesday 8:30am - 1pm
2pm - 5pm
Thursday 8:30am - 1pm
2pm - 5pm
Friday 8:30am - 1pm
2pm - 5pm

Telephone

0740611777

Website

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