Tax Purpose

Tax Purpose ๐Ÿ’ผ Registered Taxation & Accounting Experts in Melbourne
๐Ÿ‘ฅ Helping Individuals, Small Businesses, and Tradies
๐Ÿ“… Book a Free Consultation

Tax Purpose was established in 2011 and with years of experience in accounting and taxation services, we specialise in our field of offering in Melbourne. We are committed to providing professional accounting and GST services to our customers and to meet their expectations. Our Vision is to sustain long-term growth with long term clients driven by the simple art of maintaining mutual satisfaction

and appreciation. We are registered DASP agent in Melbourne. Tax Purpose offers a wholly individual approach to taxation and accountancy services. Our professional tax agent are patient, experienced and friendly, and they offer a taxation service thatโ€™s customised to your needs in Melbourne. That means you get all the knowledge and experience of the professional tax consultants; thereโ€™s always someone on hand to assist. Our tax planning specialists offer a bespoke taxation service, based on your prompt requirements; you can have as much or as little assistance as you require.

If you run a business or hold investments through a trust, this is your reminder to get a professional review before Jun...
30/05/2026

If you run a business or hold investments through a trust, this is your reminder to get a professional review before June 30. ๐Ÿ”ด
Section 100A rules are tightening โ€” and the ATO isn't waiting for the formal 2027 deadline to start investigating.

What they're looking at:
โ†’ Distributions to low-income family members (spouses, adult children, parents)
โ†’ Where the actual benefit flows to someone else
โ†’ Trust structures that haven't been reviewed in years

An outdated structure that was fine 5 years ago could be a compliance issue today.
We work with business owners and investors to ensure their structure is both tax-effective and defensible.
Book a strategy session at taxpurpose.com.au

๐Ÿ  Own an investment or holiday property? This year the ATO is going line by line through rental schedules.The 3 biggest ...
29/05/2026

๐Ÿ  Own an investment or holiday property? This year the ATO is going line by line through rental schedules.
The 3 biggest mistakes they're catching right now:

Claiming 100% of interest when part of the loan was used privately
Deducting expenses for weeks the property was used personally
Overclaiming on holiday homes that barely generate rental income

These aren't just rejected claims โ€” they can trigger a full audit.
Before you lodge, let us review your rental schedule and make sure every deduction stands up.
๐Ÿ“ฉ DM us or visit taxpurpose.com.au

The ATO has more data than ever in 2026 โ€” and they're using all of it. ๐Ÿ‘€If your return has inflated claims, copy-pasted ...
26/05/2026

The ATO has more data than ever in 2026 โ€” and they're using all of it. ๐Ÿ‘€

If your return has inflated claims, copy-pasted deductions or unreported income, there's a very good chance it'll be flagged.

Here's what they're targeting this year:
โœ… Work expenses that don't match your actual role
โœ… Rental claims with incorrect apportionment
โœ… Trust distributions to low-income family members
โœ… Cash businesses not reporting full income
โœ… Crypto & side income from Uber, Airbnb and more

The good news? Getting it right isn't hard with the right team.
Book your tax review before you lodge ๐Ÿ‘‰ taxpurpose.com.au

Crypto transactions are not tax-free โš ๏ธWhether youโ€™re buying, selling, or trading โ€” it may all be taxable.The ATO is act...
27/04/2026

Crypto transactions are not tax-free โš ๏ธ

Whether youโ€™re buying, selling, or trading โ€” it may all be taxable.

The ATO is actively tracking cryptocurrency activity.

๐Ÿ“Œ Even swapping coins can trigger a tax event.

Donโ€™t risk getting it wrong.

Need help with crypto tax?
๐Ÿ‘‰ Contact us today.

๐ŸŒ taxpurpose.com.au
๐Ÿ“ž 03 8806 1911 | 1800 TAX PUR
๐Ÿ“ง [email protected]



(Crypto tax Australia, Bitcoin tax, capital gains, Tax Purpose, accountant Melbourne)

Lest we forget ๐ŸŒบThis Anzac Day, we pause to honour the courage, sacrifice, and unwavering spirit of the men and women wh...
24/04/2026

Lest we forget ๐ŸŒบ

This Anzac Day, we pause to honour the courage, sacrifice, and unwavering spirit of the men and women who served.
Their bravery shaped the values we stand by today โ€“ strength, resilience, and unity.

May we continue to remember their legacy with gratitude and pride.

This is one of the most common tax myths we hear ๐Ÿ‘€Even if you earned less, lodging your tax return could mean money back...
20/04/2026

This is one of the most common tax myths we hear ๐Ÿ‘€

Even if you earned less, lodging your tax return could mean money back in your pocket.

๐Ÿ“Œ Plus, it keeps your ATO records up to date.

Not sure if you need to lodge?
๐Ÿ‘‰ Contact us today.

๐ŸŒ taxpurpose.com.au
๐Ÿ“ž 03 8806 1911 | 1800 TAX PUR
๐Ÿ“ง [email protected]



(Tax myths, tax return australina, ATO, Tax Purpose, Accountant Melbourne)

A property purchase is one of the biggest financial decisions you'll make - but the strategy behind it matters just as m...
09/04/2026

A property purchase is one of the biggest financial decisions you'll make - but the strategy behind it matters just as much as the property itself.

The right tax structure and loan setup can impact your cash flow, borrowing power, and long-term returns.

That's why planning before you buy makes all the difference.
Thinking about investing?

Contact us today, and let's build the right strategy first. ๐Ÿก๐Ÿ“Š
๐ŸŒ taxpurpose.com.au
๐Ÿ“ž 03 8806 1911 | 1800 TAX PUR
๐Ÿ“ง [email protected]

Negative gearing happens when your rental property expenses are higher than your rental income.For example:Rental income...
31/03/2026

Negative gearing happens when your rental property expenses are higher than your rental income.

For example:
Rental income: $25,000
Expenses (interest, rates, maintenance, etc.): $32,000
Loss: $7,000
That loss may be used to reduce your taxable income, depending on your personal situation.

But hereโ€™s what many investors misunderstand:
Negative gearing reduces tax โ€” it doesnโ€™t create profit.
Youโ€™re still making a cash loss.
The real strategy question isnโ€™t โ€œCan I claim it?โ€
Itโ€™s โ€œDoes this fit my long-term financial plan?โ€

Smart investors look at:
โ€ข Cash flow impact
โ€ข Capital growth potential
โ€ข Exit strategy
โ€ข Tax position
Tax should support your investment strategy โ€” not drive it blindly.

Thinking about buying an investment property? Speak to us before you sign the contract.

Latest Update The RBA cash rate is now at 4.1% โ€” and that means changes for borrowers, investors, and homeowners. Higher...
17/03/2026

Latest Update

The RBA cash rate is now at 4.1% โ€” and that means changes for borrowers, investors, and homeowners.

Higher rates can impact your repayments, borrowing power, and financial plans.

But with the right strategy, you can stay ahead โ€” not stressed.

At TaxPurpose & LoanPurpose, we help you understand what this means for you and how to make smarter financial decisions moving forward.

Review your loan strategy today โ€” donโ€™t let rising rates catch you off guard.

As colours fill the air this Holi, may your year ahead be filled with clarity, growth and financial confidence. Hereโ€™s t...
03/03/2026

As colours fill the air this Holi, may your year ahead be filled with clarity, growth and financial confidence.

Hereโ€™s to bright opportunities and prosperous beginnings. ๐ŸŽจ๐Ÿ’ผโœจ

Address

4/1 Walkers Road
Nunawading, VIC
3131

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm
Saturday 10am - 6pm
Sunday 10am - 6pm

Telephone

+61430106073

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