Beanstalk Accountants

Beanstalk Accountants A New Breed of Tech Savvy GenY Accountants & Business Advisors We specialise in cloud accounting and tax for small businesses and individuals.

We are focused on the next wave of entrepreneurs, other tech savvy genY’s like us, who are not sitting around waiting for their predecessors to get old and sell down their businesses to them but those that are going out and making things happen now, causing the shakeup in their industries, forcing their competition to think twice and take notice of the changes going on around them. We practice what we preach and are proud to be 100% cloud.

Are you a credit card lover, always looking to put every expense possible on your credit card to accumulate points? Be i...
02/09/2026

Are you a credit card lover, always looking to put every expense possible on your credit card to accumulate points? Be it an Amex, Visa or Mastercard? 🛑💰

Well you’ve just hit the jackpot!

From 1 October 2026 Australian businesses will be banned from on-charging customers who choose to pay with these more expensive payment methods.

Businesses will still need to pay Amex, Visa & Mastercard to offer these payment methods to you, so next time you buy something using your credit card, thank them for taking a 3% pay cut so you can pay less and the credit card companies can keep making the exact same super profits

And when inevitably these businesses increase their prices to make ends meet, you should then move on to thanking your fellow customers who pay using cash or debit card or internet banking, because they will then be the ones who are subsidising your expensive payment method choices.

Tax refund season has everyone feeling like a financial strategist... until the words "business expense" start getting t...
26/08/2026

Tax refund season has everyone feeling like a financial strategist... until the words "business expense" start getting thrown around. 😅

Just a reminder: wishing something is deductible doesn't make it deductible. When in doubt, check the rules before you claim.

⏰ 7 DAYS LEFT: Is your TPAR sorted?If your business is in the Construction, Cleaning, Freight, IT, or Security industrie...
21/08/2026

⏰ 7 DAYS LEFT: Is your TPAR sorted?

If your business is in the Construction, Cleaning, Freight, IT, or Security industries and paid contractors during the last financial year, your Taxable Payments Annual Report (TPAR) is due in exactly one week! 🚨

Missing this deadline can trigger automatic Failure to Lodge (FTL) penalties from the ATO.

Stressed about getting your data sorted in time?
We can review, reconcile, and lodge your TPAR directly from Xero or QuickBooks in no time. 💻✨

Don't let administrative delays hurt your compliance, contact us now!

🏠 Is your holiday rental property actually 100% tax deductible?Under Taxation Ruling TR 2026/1, the ATO is strictly audi...
19/08/2026

🏠 Is your holiday rental property actually 100% tax deductible?

Under Taxation Ruling TR 2026/1, the ATO is strictly auditing holiday rental claims this season. 🔬

If your property was:
🏖️ Blocked out for your family during peak times (During summer for a beach house, or winter for a ski lodge)
📈 Listed at above-market rates where it sat vacant
🔑 Used by friends or family for free/discounted rates

❌ You cannot claim 100% of your interest, rates, or insurance. Expenses must be split on a strict "fair and reasonable" basis based on actual income-earning days.

To make matters tougher, the ATO’s data-matching programs now cross-reference online booking calendars directly against tax returns.

Let’s review your booking logs and calculate your exact numbers so your return is 100% watertight before we lodge! 📊

💼 Did you earn any gig economy or digital platform income? Don't let ATO data-matching catch you off guard.Under expande...
17/08/2026

💼 Did you earn any gig economy or digital platform income? Don't let ATO data-matching catch you off guard.

Under expanded reporting laws—known as the Sharing Economy Reporting Regime (SERR)—digital platforms now share transaction data directly with the ATO.

The silver lining? 💡
You can claim legitimate business expenses to lower your taxable income. Platform fees, equipment depreciation, home office costs, and phone usage can all be offset against your earnings.

Don't let omitted platform income delay your return or trigger an ATO Audit. Let’s look over your platform summary records and make sure you’re claiming every dollar you’re entitled to!

14/08/2026

Client Spotlight!!

Crypto Taxes: Simplified with Cryptact! 🇦🇺🪙

Navigating cryptocurrency tax calculations can be complex and time-consuming, especially as the ATO increases its focus on digital assets. That’s why we’re excited to highlight our client, Cryptact, and their platform built to remove the stress from tax season.

Cryptact makes organizing, reconciling, and preparing your crypto taxes effortless. Whether you’re a retail investor or a tax professional managing client portfolios, their software brings clarity to complex tax rules.

We’re proud to partner with innovative software solutions that help Australian taxpayers stay confident and compliant!

🔗 Learn and explore them out here: https://www.cryptact.com/en-au/lp/australia

⚠️ Clearing up the biggest tax confusion of 2026...Heard about the new $1,000 standard work deduction? Let’s set the rec...
12/08/2026

⚠️ Clearing up the biggest tax confusion of 2026...

Heard about the new $1,000 standard work deduction? Let’s set the record straight: This does NOT apply to the tax return you are filing right now!

The Key Facts:
• Current Return (2026): Standard rules apply. You still need receipts for all work deductions over $300.
• Future Return (2027): The $1,000 flat deduction takes effect next financial year (claimed in Tax Time 2027).

Don't throw away receipts: If your actual expenses exceed $1,000, claiming actual costs with receipts will get you a bigger refund outcome.

Navigating shifting tax legislation requires precision. If you want to ensure your 2026 return is lodged accurately and yields the maximum legitimate outcome, our advisory team is here to help. Contact us now!

🚦 GREEN LIGHT: It’s officially safe to lodge your 2026 tax return!Your income statements, bank interest, and private hea...
07/08/2026

🚦 GREEN LIGHT: It’s officially safe to lodge your 2026 tax return!

Your income statements, bank interest, and private health data are now fully loaded into the system. Check your MyGov app, if your income shows as "Tax-Ready," you are officially cleared to go.

Don't let the ATO hold onto your hard-earned cash. Let’s get your return calculated and lodged accurately. Book your tax appointment with our team today.

Current emotional state: Delivering tax bills like a seasoned diplomat. 🏳️🫠Nothing tests our poker face quite like break...
05/08/2026

Current emotional state: Delivering tax bills like a seasoned diplomat. 🏳️🫠

Nothing tests our poker face quite like breaking the bad news that you owe taxes instead of getting a fat refund. But understanding why it happened is the first step toward fixing it!

Tax bills usually catch people off guard due to:
• HECS/HELP repayments catching up 🎓
• Side-hustle cash with no tax withheld 💸
• Private health insurance thresholds 🏥

We can't magically erase a tax bill, but we can help make sure you’ve claimed every legal cent possible to keep that bill as small as humanly possible. 🛡️

Need an honest, clear breakdown of your tax situation or want to avoid the surprise next year?

Reach out to our team today to book a consultation.

July is officially over! Have you filed your tax return yet? 🤔The first month of the new tax year is over, and we're bus...
03/08/2026

July is officially over! Have you filed your tax return yet? 🤔

The first month of the new tax year is over, and we're busy claiming maximum deductions for all our clients.

Whether you're an individual employee, running a side hustle, or managing a company, we’ve got you covered on every new ATO update this year.

Stop letting that paperwork pile up! Let's get your money back where it belongs. 💸

Schedule an appointment with our team today!

Address

223/111 Harrington Street
The Rocks, NSW
2000

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 4pm

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