Nanak Accountants & Associates

Nanak Accountants & Associates Tax Strategist. Business Advisor. Media Voice.

From migrant roots to advising 10,000+ clients Australia-wide

🎙️ Featured on Accountants Daily, Accounting Times, Brokers Daily, SBS Punjabi, Smart Company, SBS Hindi, SPI

https://linktr.ee/nanakaccountant

🏆 WE ARE FINALISTS! 🏆We are incredibly proud to announce that Nanak Accountants & Associates has been named a finalist i...
04/09/2026

🏆 WE ARE FINALISTS! 🏆

We are incredibly proud to announce that Nanak Accountants & Associates has been named a finalist in the Excellence in Professional & Business Services category at the 2026 Wyndham Business Awards!

A heartfelt thank you to Wyndham City Council for hosting and recognising the finalists at this morning’s wonderful event.

This achievement belongs to our incredible team, whose dedication makes everything possible, and to our amazing community and clients for their continued trust and support.

We are honoured, grateful and excited for what lies ahead! 🙏

🎉 We’ve reached 50+ Google Reviews in Canning Vale! ⭐⭐⭐⭐⭐Thank you to every family and business across Canning Vale and ...
04/09/2026

🎉 We’ve reached 50+ Google Reviews in Canning Vale! ⭐⭐⭐⭐⭐

Thank you to every family and business across Canning Vale and Perth that took the time to share their experience with Nanak Accountants & Associates.

Your kind words, recommendations and continued trust mean so much to our entire team. This milestone motivates us to keep delivering reliable, friendly and professional tax and accounting services to our growing local community.

Fifty clients took the time to say thank you but the honour is truly ours. 🙏

📞 1300 626 258
🌐 nanakaccountants.com.au

Tradies: your ute, tools and phone could be worth thousands, if claimed right.When tax time comes around, it can be temp...
04/09/2026

Tradies: your ute, tools and phone could be worth thousands, if claimed right.

When tax time comes around, it can be tempting to claim every expense that feels work-related. But the ATO rules are more specific and getting the difference right can help you maximise legitimate tradie tax deductions while avoiding claims you can’t support.

✔ Tools and equipment used to earn your income may be deductible, but how you claim them can depend on their cost and circumstances.

✔ Your ute isn’t automatically 100% deductible, private use generally needs to be separated from genuine work-related use.

✔ Travelling from home to your regular workplace is generally private travel, although limited exceptions can apply.

✔ Protective clothing and footwear may be deductible, while ordinary clothing such as jeans and everyday workwear generally isn’t.

✔ Good records matter, keep receipts and maintain appropriate records for vehicle use and other work-related expenses.

Swipe through the carousel to see what tradies should know before making their next claim.

Share this with a fellow tradie who might find it useful.

Need help with your return? Book a tradie tax return with Nanak Accountants & Associates.

Wishing you and your family a very Happy Janmashtami.May Lord Krishna’s blessings bring peace, prosperity, happiness and...
04/09/2026

Wishing you and your family a very Happy Janmashtami.

May Lord Krishna’s blessings bring peace, prosperity, happiness and success into your life and business.

On this auspicious occasion, may we be inspired by his timeless teachings of wisdom, courage and doing our duty with sincerity.

From everyone at Nanak Accountants & Associates, warm wishes for a joyful and blessed Janmashtami.

The ATO has named its targets this year. Are you on the list?With stronger data matching and more connected reporting sy...
02/09/2026

The ATO has named its targets this year. Are you on the list?

With stronger data matching and more connected reporting systems, the ATO can identify inconsistencies in business income, GST, super and record keeping more easily. The ATO’s published small-business focus areas include omitted contractor income, GST compliance and keeping business income separate from personal use.

✓ Reconcile contractor income, invoices and bank deposits so all business income is correctly reported.

✓ Review your BAS and GST claims carefully and make sure transactions are supported by valid records.

✓ Check your super processes. The SG rate is 12%, and Payday Super commenced on 1 July 2026, changing when employers need to make super contributions.

✓ Keep business and personal transactions clearly separated, including director drawings and private expenses paid from business funds.

✓ Fix errors and record-keeping gaps early rather than waiting for the ATO to contact you.

Swipe through our carousel to see the areas worth checking and the practical steps you can take to keep your business records in order.

Comment below with your biggest tax-time concern.

Share this with a fellow business owner who may find it useful.

Need more confidence before lodging? Get your return checked by a registered tax agent and speak with our team.

Your payslip changed on 1 July. Here’s where the extra money went.The 2026–27 tax cuts are now in effect, and for Austra...
31/08/2026

Your payslip changed on 1 July. Here’s where the extra money went.

The 2026–27 tax cuts are now in effect, and for Australian business owners and employees, the change means more than just a slightly different pay packet.

From 1 July 2026, the tax rate applying to taxable income between $18,201 and $45,000 dropped from 16% to 15%. For taxpayers earning $45,000 or more, this rate change provides up to $268 in annual income tax savings compared with 2025–26.

Here’s what to keep on your radar:

✓ Check your payslip and understand how the new 15% tax rate affects your take-home pay.

✓ Employers should ensure payroll software is using the updated ATO PAYG withholding schedules and tax tables effective from 1 July 2026.

✓ Consider putting the extra take-home pay towards savings, debt reduction or improving your monthly cash flow.

✓ Business owners should review payroll, PAYG withholding and FY2026–27 cash-flow forecasts.

✓ Plan ahead: from 1 July 2027, the 15% rate is legislated to reduce again to 14%.

Swipe through our carousel for a simple breakdown of the new tax rates and the steps you should consider now.

How will the new rates affect your tax return or take-home pay? Comment below or speak with our team.

Share this with someone who needs to know about the new tax rates.

Need professional guidance? Book a free consultation with our team.

Celebrating the beautiful bond of love, trust and protection. 💛Wishing everyone a very Happy Raksha Bandhan! May this sp...
28/08/2026

Celebrating the beautiful bond of love, trust and protection. 💛

Wishing everyone a very Happy Raksha Bandhan! May this special bond between brothers and sisters always remain strong and joyful.

Refund smaller than last year? Here’s exactly why:If you’ve been asking, “Why is my tax refund so low in 2026?”, the ans...
28/08/2026

Refund smaller than last year? Here’s exactly why:

If you’ve been asking, “Why is my tax refund so low in 2026?”, the answer may not be a mistake in your tax return. Your PAYG withholding, additional income, deductions, existing tax obligations and overall tax position can all affect the final result.

In this carousel, we break down some of the common reasons your expected refund can shrink:

✔ Check whether enough PAYG tax is being withheld during the year

✔ Keep proper records so you don’t miss legitimate work-related deductions

✔ Remember that interest, dividends, capital gains and side-business income can increase your taxable income

✔ Review your PAYG settings when your income or circumstances change

✔ Plan before 30 June rather than waiting until tax time to understand your position

For business owners, it’s also worth remembering that the Super Guarantee rate is now 12%, so keeping payroll and super settings up to date remains an important part of staying compliant.

A smaller refund doesn’t necessarily mean something has gone wrong. Sometimes your circumstances have simply changed and understanding those changes early can help you plan better for next year.

Swipe through the carousel to understand what could be affecting your refund.

Want a second look at your tax position? Get a refund review with our team.

Comment below with your tax-time question, or share this post with someone wondering why their refund is lower than expected.

MyGov is free. So why do 60%+ of Australians still use a tax agent? For many business owners, the real difference comes ...
26/08/2026

MyGov is free. So why do 60%+ of Australians still use a tax agent?

For many business owners, the real difference comes down to time, complexity, responsibility and confidence in getting the return right.

Here’s what this carousel covers:

▪ DIY means more control but you’re responsible for correctly reporting your income, deductions, business activity and keeping the right supporting records.

▪ Most individual self-lodgers generally need to lodge by 31 October, while eligible clients of registered tax agents may have access to later lodgment dates.

▪ A simple return may be manageable yourself, but rental properties, sole trader income, GST/BAS, crypto, shares and capital gains can quickly make things more complex.

▪ Tax agent fees may be deductible, so it’s worth comparing the fee against the time, complexity and tax risk involved.

▪ The right choice depends on your situation not just the upfront cost.

If your tax affairs are simple and your records are organised, DIY may suit you.

If you run a business, have investments, lodge BAS/GST or need professional guidance, using a registered tax agent may be the better option.

Not sure which option is right for you?

Ask us what we’d look for in your return.

Comment below with your tax-time question, share this carousel with someone who may find it useful, & book a free consultation with our team.

Looking for a tax agent near you? Nanak Accountants & Associates can help you understand your options before you lodge.

Tax time doesn’t have to mean chasing missing documents, searching through old emails, or delaying your return.A little ...
24/08/2026

Tax time doesn’t have to mean chasing missing documents, searching through old emails, or delaying your return.

A little preparation can make your 2026 tax return faster, smoother and more accurate.

Our 2026 Tax Return Checklist: 10 Documents to Gather Before You Lodge covers the key records individuals, business owners and property investors should have ready before starting their return.

Here’s a quick preview:

✓ Gather all income records, including salary and wages, ABN or business income, investment income and other reportable income.

✓ Keep your deduction records organised, including work-related expenses, vehicle or travel records, and relevant receipts or invoices.

✓ If you run a business, have your income and expense records, asset purchases and supporting financial information ready.

✓ For rental properties, collect rental income statements, loan interest records, council and water rates, insurance, repairs and other property expenses.

✓ Don’t overlook investment, superannuation and other important records, including capital gains information, personal super contribution details and private health insurance statements.

The better your records, the smoother your tax return and the easier it is to make sure eligible deductions aren’t overlooked.

Swipe through our carousel for the full 10-document checklist and start getting tax-ready today.

Need help preparing or lodging your 2026 tax return? Nanak Accountants & Associates can help you get organised and lodge with confidence.

Share this checklist with someone who needs to get their tax documents in order.

Address

8 Tallis Cct
Truganina, VIC
3029

Opening Hours

Monday 9:30am - 5:30pm
Tuesday 9:30am - 5:30pm
Wednesday 9:30am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9:30am - 5:30pm
Saturday 10:30am - 3pm

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