CMW Accountants

CMW Accountants Leaders in taxation, business services, SMSF's, SMSF Audit Taxation, Business advice,Self Managed Superanuation

30/08/2026

Yes, at least! Sometimes even longer.

And depending on your circumstances, that could be 5 years from the date you:

๐Ÿ’ป lodge your return
๐Ÿ”‘ sell the property
๐Ÿ‘‰ fully claim any carried forward losses.

Need a downloadable checklist of what those records are? Well, here you go ๐Ÿ˜‰๐Ÿ‘‡

23/08/2026
19/08/2026

Yes, you might!

If your business pays contractors for providing certain services on your behalf, you may need to lodge a Taxable payments annual report (TPAR).

It tells us who you paid and how much you paid them.

You may need to lodge if you paid contractors for:

๐Ÿšง building and construction
๐Ÿงน cleaning
๐Ÿšš courier and road freight
๐Ÿ’ป IT
๐Ÿ›ก๏ธ surveillance, investigation or security.

Check to see if it applies to your business, and lodge online by 28 August.

09/08/2026

If you sell shares and make a profit, you may need to pay tax.

So before you cash out, make sure you know your obligations ๐Ÿ‘‡

27/07/2026

Nice, but you need to tell us about it! It still counts as income & needs to be reported in your tax return.

๐Ÿ”“ When you declare your cash jobs, you can claim a deduction for any work-related expenses you incur while earning that income.

Cash earned = assessable income.

This includes:
๐Ÿ‘‰ weekend cashies
๐Ÿ‘‰ side hustles
๐Ÿ‘‰ one-off gigs
๐Ÿ‘‰ jobs with no payslip.

Cash income doesnโ€™t pre-fill in your tax return. Youโ€™ll need to add it yourself.

โœ…Keep good records of what you earn, when, and who paid you throughout the year.

13/07/2026

If you didnโ€™t give the buyer a clearance certificate by settlement, you may have had 15% withheld from the sale price.

To get this credited or refunded, youโ€™ll need to lodge a tax return.โ€ฆ even if your income was below the usual lodgment threshold.

05/07/2026

Good boss move โœ”๏ธ

Finalise your Single Touch Payroll (STP) data by 14 July.

The sooner you do it = the sooner your employees can lodge their tax return โœ…

Address

98 Woodlark Street Suite 1
Lismore, NSW
2480

Opening Hours

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

Telephone

02 6622 6614

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