Blueprint Taxation Services

Blueprint Taxation Services Individual Tax Returns, BAS preparation, Partnerships, Companies, Trusts, Rental Properties, Self ma

The Government has officially introduced Payday Super legislation into Parliament, set to take effect from 1 July 2026 (...
11/11/2025

The Government has officially introduced Payday Super legislation into Parliament, set to take effect from 1 July 2026 (but it’s not yet law).

So what does this mean?
It’s all about paying super at the same time as wages, rather than quarterly. The goal is to make sure employees receive their super sooner, reduce unpaid super, and simplify compliance for businesses.

Here are the key proposed changes:
🔹 Employers must pay super each payday — not quarterly.
🔹 Super must reach employee funds within 7 business days.
🔹 New “qualifying earnings” (QE) will replace old SG calculation methods.
🔹 Faster payments, clearer error messages, and better visibility through SuperStream.
🔹 Employers will need to report both QE and Super Liability via STP.
🔹 The ATO’s Small Business Super Clearing House has closed to new users from 1 October 2025, and to all users by 1 July 2026.

The ATO has also released draft compliance guidance (PCG 2025/D5) outlining how they’ll approach enforcement in the first year — focusing on education and support for employers genuinely trying to comply.

Feedback on the draft guidance is open until 7 November 2025, so if this could impact your business, now’s the time to have your say.

We’ll keep clients updated as this progresses — and help you prepare for a smooth transition to Payday Super.

At tax time, one of the most common mistakes we see from property investors is incorrectly claiming expenses for repairs...
06/11/2025

At tax time, one of the most common mistakes we see from property investors is incorrectly claiming expenses for repairs, maintenance, or improvements. Getting it wrong can cost you!

Here’s the quick breakdown

Repairs & Maintenance
🔹Work done to fix damage or deterioration from renting out the property.
🔹Example: fixing a leaking tap, patching a wall, or repairing a broken fence.
🔹Claimable in full in the same year the expense occurs.

Capital Expenses
🔹Initial repairs (damage present when you purchased the property).
🔹Capital works (structural improvements, renovations, extensions).
🔹Claimed at 2.5% over 40 years once work is complete.
🔹Improvements that go beyond fixing damage and improve functionality.
🔹Depreciating assets (like appliances): claimed over their effective life.

Remember: replacing or rebuilding an “entirety” (like a whole roof or an oven) is capital and not classed as a repair.

Tip: Use the ATO’s Rental Repairs Fact Sheet in the Investor Toolkit for a handy reference.

Not sure what you can claim? That’s where we come in 👋 Correctly categorising repairs vs improvements ensures you don’t miss out on deductions (or over-claim).

Reach out to us before you lodge — we’ll help you get it right.

Victoria’s long, warm days are just around the corner… but so are the storms, floods and bushfires that can throw even t...
04/11/2025

Victoria’s long, warm days are just around the corner… but so are the storms, floods and bushfires that can throw even the best-laid plans into chaos.

Whether you’re a farmer, café owner, tradie, or accountant with a home office, now is the time to plan and prepare — because resilience isn’t built in the middle of an emergency.

Here are 5 simple steps to protect your business before disaster strikes:

1️⃣ Stay Alert – Download the VicEmergency App and set up local alerts. Make sure your staff have it too.
2️⃣ Know Your Risks – Use the free Business Resilience Toolkit to spot weak points and prepare smarter.
3️⃣ Update Your Emergency Plan – A one-page plan could make all the difference when things get chaotic.
4️⃣ Protect Your Assets – Review your insurance, back up your data, and store critical info safely off-site or in the cloud.
5️⃣ Communicate – Make sure everyone on your team knows what to do — before, during and after an emergency.

Preparedness isn’t just about surviving — it’s about keeping calm, staying connected, and getting back on your feet faster.

Download the free toolkit and start your plan today:https://business.vic.gov.au/__data/assets/pdf_file/0008/1949741/Disaster-resilience-for-business-toolkit-PDF-FILLABLE.pdf

Just wondering if any of my staff have this book or would like a copy? (Side bar: Be very careful how you answer that)
01/11/2025

Just wondering if any of my staff have this book or would like a copy?

(Side bar: Be very careful how you answer that)

If you haven’t already mapped out your sales campaigns for 2025 — now’s the time to grab that planner and start circling...
30/10/2025

If you haven’t already mapped out your sales campaigns for 2025 — now’s the time to grab that planner and start circling dates.

Here are the key online shopping days every small business should know:

💖 Singles’ Day – 11 November
🖤 Black Friday – 28 November
🏪 Small Business Saturday – 29 November
💻 Cyber Monday – 1 December
🎁 Boxing Day – 26 December

Pro Tip: Plan early. Schedule your promotions, stock, and content now so you’re not scrambling when sale season hits. Even better? Start building your email list today — it’s your secret weapon when everyone else is fighting for ad space!

Think local. Think early. Think smart.

Your 2025 marketing calendar starts here.

Running a small business can be incredibly rewarding… but it can also be relentless.Staff. Deadlines. Compliance. Client...
28/10/2025

Running a small business can be incredibly rewarding… but it can also be relentless.

Staff. Deadlines. Compliance. Clients. Bills. Family. Repeat.

For many small business owners, stress and exhaustion quietly build until burnout hits. That’s why programs like Beyond Blue’s NewAccess for Small Business Owners (NASBO) are so powerful.

It’s a free mental health coaching program designed specifically for small business owners and sole traders — by people who get it.

💬 Chelsea, a small business owner and mum, shared:

“I was successful, but I’d lost myself in the work. The NASBO program helped me set boundaries, improve communication, and remember who I am outside of my business.”

Since launching, 8,500+ business owners have used NASBO to get back on track — not through therapy, but through practical, confidential coaching.

If you’re feeling overwhelmed, please don’t ignore it. You don’t need to hit breaking point before asking for help.

Visit Beyond Blue’s NewAccess for Small Business Owners or call 1300 945 301.

You built your business. You can rebuild your balance too. 💙

You can now book your appointments online — no more phone tag, voicemail tennis, or waiting for a callback.Whether you p...
27/10/2025

You can now book your appointments online — no more phone tag, voicemail tennis, or waiting for a callback.

Whether you prefer to meet in-office, over Zoom, or by phone, you can pick the day and time that suits you.

📅 Book here: https://calendly.com/cherie-blueprinttaxation/appointment
💙 Easy. Flexible. Blueprint-style service.

The ATO has opened lodgments for the NFP self-review return, and there are a few different ways you can get it done🔹Lodg...
24/10/2025

The ATO has opened lodgments for the NFP self-review return, and there are a few different ways you can get it done

🔹Lodge Online – through Online Services for Business (you’ll need to make sure your Digital ID & RAM are set up first).
🔹Lodge by Phone – a quick 10-minute process if you’ve prepared your answers in advance.
🔹Ask Your Tax Agent 👋– if you’d prefer us to take care of it for you, we can lodge on your behalf.

Before you lodge, make sure you’ve:
🔹Reviewed your organisation’s governing documents
🔹Worked through your self-review questions using the ATO’s guide
🔹Updated your ABR details if there have been any committee or contact changes

Tip: It’s good governance to share the self-review outcomes with your board or committee and keep a record of any key decisions made.

Don’t leave it to the last minute — lodging correctly helps protect your organisation’s income tax exemption and avoids unnecessary ATO follow-ups.

If you’re unsure where to start or would like us to handle the lodgment for you, get in touch — we can make the process stress-free!

If you own a rental property, you might need to apportion your loan interest. This means you can’t always claim the full...
22/10/2025

If you own a rental property, you might need to apportion your loan interest. This means you can’t always claim the full amount — it depends on how the property and the loan are used.

Here are the key situations where apportioning is required

🔹Co-ownership –
Joint tenants split claims 50/50.
Tenants in common claim based on ownership share (e.g. 20/80).

🔹Co-borrowers –
If someone is on the loan but not on the property title, a legally enforceable written agreement (set up at the time of purchase) may allow the legal owner to claim 100% of the interest.

🔹Private expenses included –
If you refinance or draw on the rental loan for personal purposes (e.g. a car, holiday, renovations to your home), you must apportion the interest for the life of the loan.

🔹Private use of the property –
Interest isn’t deductible for any period you use the property privately.
Example: Renting out a room in your home? You can only claim interest on the portion of space and time it’s income-producing.

🔹Part-year rental –
If you sell the property or move into it during the year, interest must be apportioned for the rental period only.

Getting this wrong is a common ATO audit trigger for property investors.

To make sure your claims are correct, keep good records and seek professional advice 👋. A quick check now can save you costly amendments later.

Supplying a work vehicle to your employees? It’s important to understand that personal use of that vehicle may attract F...
20/10/2025

Supplying a work vehicle to your employees? It’s important to understand that personal use of that vehicle may attract Fringe Benefits Tax (FBT) — and this is one of the most common (and overlooked) areas of FBT compliance.

When does private use trigger FBT?
FBT generally applies whenever a work vehicle is made available for personal use — even if it’s not actually driven. Examples include:
🔹Weekend camping or beach trips
🔹School drop-offs & pick-ups
🔹Running personal errands
🔹Driving friends/family for non-work purposes
🔹Parking the vehicle at home overnight (even for “security”).

Common mistakes to avoid:
🔹Treating private use as business use.
🔹Assuming all dual cab utes are exempt — they’re not!
🔹Misclassifying vehicles.
🔹Poor or missing logbook/record keeping.
🔹Forgetting to report or pay FBT on time.

Exemptions may apply depending on the vehicle type and level of private use — but don’t assume, always check.

Stay compliant and avoid penalties by reviewing how your business vehicles are being used. For more info, visit ato.gov.au/FBToncars or chat with us for tailored advice.

Back in the classroom today!Getting my geek on with some Syft Analytics training.Two coffees down ☕️☕️ and a brisk walk ...
17/10/2025

Back in the classroom today!

Getting my geek on with some Syft Analytics training.
Two coffees down ☕️☕️ and a brisk walk 🏃🏼‍♀️to get the brain firing on all cylinders — sitting in the backrow with all the cool kids 😎 and hoping for an HD!

I’m deep diving into Syft so I can bring back some exciting new features to our Xero files, giving businesses even greater insight into their performance and profitability.

Syft is designed to help us:
🔹Turn financial data into clear, visual reports and dashboards
🔹Analyse trends and KPIs at a glance
🔹Forecast cash flow and model “what if” scenarios
🔹Create stunning management reports for better decision-making

Can’t wait to roll this out and help our clients see their numbers come to life in a whole new way!

Vouchers are a popular way for businesses to attract and reward customers — but when it comes to GST, the rules depend o...
16/10/2025

Vouchers are a popular way for businesses to attract and reward customers — but when it comes to GST, the rules depend on the type of voucher you sell or buy.

Here’s the quick guide

Face Value Vouchers (e.g., $50 supermarket card, prepaid gift card)
🔹GST is only reported when the voucher is redeemed, not when it’s sold.
🔹If a voucher expires with an unused balance, you must make an increasing adjustment (1/11th of the unredeemed amount) on your BAS.
🔹Example: Sell a $100 gift card, only $67 redeemed. You must report GST on the $33 balance when written back to income.

Non-Face Value Vouchers (e.g., $100 voucher for a spa treatment)
🔹GST is reported at the time of sale (if the goods/services are taxable).
🔹No GST applies if the voucher is for GST-free or input-taxed supplies.

Claiming GST Credits
🔹Face value voucher: claim GST when you redeem it.
🔹Non-face value voucher: claim GST when you purchase it.
🔹No GST credits if it relates to input-taxed sales or private/domestic use.

Getting GST on vouchers wrong can lead to BAS errors and compliance issues.

If your business issues or redeems vouchers, make sure you’ve got the right process in place — and if in doubt, check with your tax agent (that’s us! 👋).

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