AMA Accountants

01/03/2026

01/03/2026

Simple Ways to Save on Taxes This Year

Paying taxes is inevitable, but smart planning can help reduce your tax burden. Here are some simple strategies to save on taxes this year:

1. Maximise Your Super Contributions: Consider making additional concessional contributions to your super fund. These contributions are taxed at 15%, which is usually lower than your marginal tax rate.
Check if you are eligible for co-contributions from the government.

2. Claim All Work-Related Deductions: Keep receipts for expenses such as home office costs, uniforms, tools, and professional subscriptions. Only claim expenses directly related to earning your income.

3. Take Advantage of Tax Offsets: Check if you are eligible for low-income, seniors, or spouse tax offsets. Offsets directly reduce your tax payable, so even small ones can make a difference.

4. Use Capital Losses Strategically: Offset capital gains with capital losses from previous years. This can reduce your taxable income from investments without selling profitable assets unnecessarily.

5. Prepay Deductible Expenses: Expenses like interest on investment loans or insurance premiums can sometimes be prepaid to claim a deduction this financial year. Confirm timing with your accountant to ensure eligibility.

6. Review Your Investment Structures: Ensure your investments are tax-efficient, such as holding assets in accounts that provide franking credits or capital gains tax concessions. Consider splitting income with a spouse where legal and beneficial.

7. Keep Good Records:Maintain organized receipts, invoices, and statements.Accurate records reduce the risk of missing deductions and make tax filing easier.

Planning throughout the year is better than scrambling at tax time. Regularly reviewing your finances and consulting with a professional can help you save legitimately and efficiently.

AMA Accountants can help you identify deductions, optimise contributions, and reduce your tax legally.
📞 0420 529 890 | 🌐 www.amaaccountant.com.au

09/02/2026

A Self‑Managed Super Fund (SMSF) is a private superannuation fund that you manage yourself. It gives you greater control over how your retirement savings are invested, but it also comes with responsibilities and compliance requirements. As a trustee, you are legally required to comply with superannuation and tax laws set by the ATO, establish and follow an appropriate investment strategy, maintain accurate records, lodge annual tax returns, and arrange an independent audit each year.

That’s where our professional SMSF accounting services come in. We help you stay compliant, reduce the risk of costly errors, and focus on what matters most—growing your retirement savings with confidence.

AMA Accountants can assist you with SMSF setup and registration, Ongoing compliance and lodgements, SMSF tax and audit coordination and Strategic SMSF advice

Talk to us today to see if an SMSF is right for you.
AMA Accountants
Certified Professional Accountants
0420 529 890
www.amaaccountant.com.au

03/02/2026

Company Tax Rate in Australia 2025–26: Complete Guide

Company tax in Australia is a tax your business pays on its profit—that is, your total income minus allowable business expenses.

Understanding your company tax obligations is crucial for all businesses, as it directly affects cash flow and planning.

Australian Company Tax Rates for 2025–26 For the 2025–26 financial year, there are two main company tax rates in Australia:

1) 25% – for eligible companies, known as base rate entities 30% – for all other companies

Example: If your company earns $100,000 in profit: At 25%, your tax bill is $25,000

At 30%, your tax bill is $30,000 Every dollar of profit is taxed at either 25 or 30 cents depending on the company’s eligibility.

Need Help with Company Annual Compliance then reach out to us.

AMA Accountants
Certified Professional Accountants
www.amaaccountant.com.au
Call/Whats App - 0420 529 890

24/01/2026

Please be advised that the October to December 2025 Quarter BAS is due for lodgement on 28 February 2025.

If you haven’t got your information to us yet, please send this through ASAP.

As Always we are here to help😊
AMA Accountants
Certified Professional Accountants
📞0420 529 890
📧[email protected]

24/01/2026

Tax Update January 2026

1) From 1 July Paid Parental Leave increase to 26 Weeks.
2) Last Day to Pay employees Super is 28 January. ATO charge penalties after 28.

3) Do not lodge Tax Return without Medicare Exem. Certificate. ATO will not give Medicare Refund if application is lodged but certificate not issued.

4) October to December 2025 GST is Due on 28 February. Penalties applies if you dont lodge.
5 ATO will issue PAYG Notice(Advance Tax) if you have tax payable $1000 or above in last year tax return.

AMA Accountants Team

Individual Tax Return Tax time is here again! Whether you’re an individual, sole trader, or business owner, getting your tax right matters more than ever in 2026. At AMA Accountants & Tax Experts, we make tax season simple, stress-free, and rewarding. With 25+ years of accounting experience, we kn...

31/12/2025

As we welcome 2026, we thank our clients and partners for their continued trust.
Wishing you a year filled with success, financial clarity, and peace of mind.
— AMA Accountants

24/12/2025

From All of us at AMA Accountants wishing you & your family Merry Christmas.

AMA Accountants

20/12/2025

Should I buy the property now or wait for interest rates to fall?

It’s literally the million-dollar question: Do you buy a property now before prices rise even further, or wait until the interest rates fall later this year to free up some more borrowing power? While there's a temptation to wait for the perfect moment to buy property, attempting to time the market perfectly is difficult and often not the best strategy. Instead of trying to pinpoint the lowest prices or waiting for a downturn, concentrate on being in the market consistently. Property markets work in cycles, and long-term ownership tends to outperform attempts at market timing. Prioritise properties in good locations, as they tend to perform better in the long run. Don't wait indefinitely for the "perfect" time to buy; rather, focus on finding the right property when your finances are prepared.

AMA Accountants Team
Certified Professional Accountants

Individual Tax Return Tax time is here again! Whether you’re an individual, sole trader, or business owner, getting your tax right matters more than ever in 2025. At AMA Accountants & Tax Experts, we make tax season simple, stress-free, and rewarding. With 25+ years of accounting experience, we kn...

20/12/2025

Travel Season has started - Lot of our clients are travelling overseas

Here is AMA Accountants Travel Tips
1 Always take Travel Delay/cancellation insurance. It cost very little but save you big losses if your flight get cancelled
2 Never Keep important documents in checked in baggage - Passport, Legal Documents & Medical papers always keep them in your hand luggage.
3) If you are planning holidays in India consider Trains. Trains are highly recommended due to High fogs in India and a recent Indigo flight issues.

Make smart travel choices, being wise and prepared and protect yourself with insurance.

Happy Holidays From AMA Accountants

18/12/2025

‼️CHRISTMAS CLOSURE‼️
Please be advised AMA Accountants office will be CLOSED from 19.12.25 to 04.01.26 as we are going on Chritmas & New Year Break🏖️💃😍

Please note the following Important Dates:
⛔️ 19.12.25 : Send all the pending tax returns & BAS by 19 December. Office close.
⛔️ 19.12.25 to 04.01.26 : Urgent Jobs & Queries via email & what’s App
⛔️ 05.01.26 : AMA Accountants OPEN FOR 2026.

Kind Regards
AMA Accountants Team
[email protected]
0420 529 890