Rooshock Accounting

13/07/2026

Weekly Tax Tip 🚙

This week, we’re breaking down the cents per kilometre method for claiming car expenses.

The cents per kilometre method allows you to claim work-related driving, using a set rate of 88 cents per kilometre (up to a yearly limit of 5000km). You do not need a logbook, but you must be able to explain how your work-related travel was used and calculated.

08/07/2026

✨ Meet the Team: Getting to Know the Faces Behind Rooshock Accounting ✨

We are proud to introduce our new team member at Rooshock Accounting, Milos!

Milos has been working for us for a few months now and many of you have already interacted with him, so we thought it was time to put a face to the name. Milos comes to us with great experience in the accounting industry. After completing his university degree he worked in the banking sector, private sector and now wants to take on the challenge of public practice accounting.

As a Junior Accountant, Milos will be performing important responsibilities within Rooshock Accounting by assisting with the preparation of individual tax returns, business client work and being a first point of contact for all. His dedication to learning and growing in his role, combined with his attention to detail, makes him a valuable part of the team.

Milos looks forward to working with you all and is keen to assist with all your taxation needs.

06/07/2026

Weekly Tax Tip 🚗📒

This week’s focus is on the Motor Vehicle logbook method and how it differs from the simpler cents per km method.

The Motor Vehicle logbook method requires you to keep a 12-week logbook that records all trips, to establish your work-use percentage. Once established, you can claim that full percentage of all vehicle expenses, including; fuel, servicing, insurance, registration, and depreciation. If this equals out to be a higher claim than the standard cents per km claim, this will allow you to claim a higher deduction in your tax return. Odometer readings and supporting records must also be maintained.

01/07/2026

It's Tax Time! 🎉

The new financial year has arrived, and we're ready to help you with your 2025/2026 tax return! We have two main ways of completing returns;

📅 Book an appointment for a phone, zoom or in-person return.

💻 Send us your information online and we'll prepare and lodge your return for you (no appointment required)! This is the simplest, quickest and cheapest way to complete your return!

Contact us today to book your appointment or get started online. We look forward to helping you this tax season!

30/06/2026

Happy tax time eve!

Just a quick one to let you know our annual How to Maximise Your Tax Return video is now out!

We love making this one every year and hope you find some value in it!

It’s Tax Time! In this video I’ll explain six specific ATO-complian...

29/06/2026

Weekly Tax Tip ✈️

This week, we’re looking at travel expenses and when travel can and cannot be claimed.

Travel between home and your regular workplace is generally not deductible under ATO rules. However, travel between worksites, client visits, or work-related errands may be claimable in certain situations.

You can also claim other travel costs you incur as an employee, such as meals, flights, accommodation, car parking, and similar expenses, where they are directly related to work travel. However, you cannot claim these expenses if you are reimbursed by your employer.

25/06/2026

Most people doing their own tax return aren’t making obvious mistakes, they’re making assumptions that quietly cost them money every single year. Below we break down the 4 most common tax assumptions Australians get wrong.

1️⃣ No receipt = no deduction

Not always. Some expenses can still be claimed without receipts, depending on the category and evidence available. We recommend keeping receipts whenever possible and understand the substantiation rules before claiming.

2️⃣ Working from home = easy deduction

The fixed rate method still requires records of your actual hours worked from home. No log = no claim. Track your hours and know what's already included in the fixed rate method so you don't double dip.

3️⃣ If my accountant doesn't ask, it's not important

Your accountant can only work with the information you provide. Missing details like crypto, investment properties, or side income can lead to mistakes or missed deductions. If you're unsure, simply ask your accountant.

4️⃣ ATO pre-fill means everything is covered

Pre-fill data is a starting point, not a complete tax return. Some information may be delayed, incomplete, or incorrect. Review your date carefully and add any missing information yourself.

See link in the comments for Ethan’s video exploring these points in further detail.

24/06/2026

Weekly Tax Tip 🦺

This week we’re focusing on uniforms and protective clothing and what the ATO allows as deductions.

You may be able to claim compulsory uniforms, protective clothing, and occupation-specific items required for work. This includes branded uniforms, high-visibility clothing, or safety gear. However, everyday clothing such as business attire is generally not deductible, even if required by your employer.

19/06/2026

EOFY is almost here and now is the perfect time to get organised before tax season begins.

Here’s a quick checklist to help individuals and business owners prepare before 30 June.

Save this post so you can tick things off over the next few weeks.

Need help preparing for tax time? Reach out to our team ✨

18/06/2026

Weekly Tax Tip 🛠️ 💻

This week we’re looking at work-related tools and equipment and how deductions may apply.

Tools, equipment, and technology used to earn your income may be tax deductible. This includes items like laptops, phones, or trade tools. Depending on the cost, items may be claimed immediately or depreciated over time. If there is any personal use to the items, only the work-related portion can be claimed, so keeping usage records is important.