Financial Utilities Pty Ltd

Financial Utilities Pty Ltd Accountants & business advisers providing, accounting, tax, bookkeeping, business advice, setup, training & CFO services

“ Our mission is to provide invaluable business management services to empower business owners to achieve a better quality of life as well as a profitable and rewarding business. ”

Business owners need to focus on running and growing their business so that they can attain financial and personal freedom. Let us handle the rest as that is our expertise (we have spent years perfecting it!).

Good news for your future self: both super contribution caps have gone up for 2026-27.The concessional cap is now $32,50...
28/08/2026

Good news for your future self: both super contribution caps have gone up for 2026-27.

The concessional cap is now $32,500 (up from $30,000) and the non-concessional cap is now $130,000 (up from $120,000). Using the bring-forward arrangement, you may be able to access up to $390,000 in a single year, depending on your total super balance.

We've broken down what's changed and how to make the most of it. Full article here:

https://www.financialutilities.com.au/blog/super-caps-have-increasednbsp-heres-how-much-you-can-contribute-this-year

Do you own a holiday home or list a property on Airbnb or Stayz? A new ATO ruling, TR 2026/1, is now in effect, and it ...
20/08/2026

Do you own a holiday home or list a property on Airbnb or Stayz?

A new ATO ruling, TR 2026/1, is now in effect, and it changes what you can claim on your 2025-26 tax return.

The biggest trap? Blocking out Christmas, Easter or the school holidays for yourself. Reserve the peak weeks and you could lose deductions across the whole year, not just the weeks you set aside.

We have broken down what the ruling covers and what good records look like. Full article here:

https://www.financialutilities.com.au/blog/new-rental-property-rules-are-now-in-effect-what-every-property-owner-needs-to-know

The minimum 30% tax rate means $9,480 more tax for low income earnersAnother way of explaining the minimum tax rate is t...
26/06/2026

The minimum 30% tax rate means $9,480 more tax for low income earners
Another way of explaining the minimum tax rate is that a taxpayer with no other income than that which is subject to the minimum tax rate ie trust income and capital gains is not entitled to earn their first $18,200 tax free, considered to cover the bare minimum cost of survival. They are also not entitled to only be taxed at 15% between $18,200 and $45,000. With a minimum tax rate of 30% applied to this low income that is an extra $9,480 in tax paid by someone on a very low income. That is nearly $200 per week, the grocery bill now gone in tax. The carve out for low income earners in our tax rates, was intended to ensure people only paid tax when they could afford to. On the other end of the scale a person with income of $227,000 has an average tax rate of 30% anyway so the minimum tax rate makes no difference to the amount of tax they pay. Same for all income above that amount too. Make no mistake this minimum tax rate is a tax on the poor, it makes no difference to the wealthy.

Rental properties are one of the ATO's most-watched areas and the errors go both ways. Some landlords claim too much. ...
21/06/2026

Rental properties are one of the ATO's most-watched areas and the errors go both ways. Some landlords claim too much. Many don't claim nearly enough.

Before you lodge, it's worth checking:
- Are you claiming all the depreciation you're entitled to?
- Have you correctly separated repairs from capital improvements?
- Are your borrowing costs fully claimed?
- Are you across the proposed negative gearing changes?

We've put together a plain-English guide on the blog. Link below.

https://www.financialutilities.com.au/blog/investment-property-deductions-what-landlords-should-be-reviewing-before-30-june

17/06/2026

When did you last actually sit down and look at your business numbers?

Not your bank balance. Your gross profit margin. Your debtor days. Revenue vs what you budgeted. With 30 June weeks away, now is exactly the right time for a proper mid-year health check.

Full article and checklist here: https://www.financialutilities.com.au/blog/

When did you last actually sit down and look at your business numbers?Not your bank balance. Your gross profit margin. Y...
14/06/2026

When did you last actually sit down and look at your business numbers?

Not your bank balance. Your gross profit margin. Your debtor days. Revenue vs what you budgeted. With 30 June weeks away, now is exactly the right time for a proper mid-year health check.

Full article and checklist here: https://www.financialutilities.com.au/blog/

10/06/2026

If your company has ever lent money to you, a family member, or a related trust, this is worth 30 seconds of your time.

Division 7A catches company directors off guard every single year. Get the paperwork wrong and the ATO does not call it a loan. They call it income. Unfranked dividend, straight onto your personal tax return.

30 June is close. Read the full article here and check where you stand: https://www.financialutilities.com.au/blog/

Here is one that catches more company directors off guard than you would expect.If your private company has ever lent mo...
08/06/2026

Here is one that catches more company directors off guard than you would expect.

If your private company has ever lent money to you, a family member, or a related trust, Division 7A might already be in play. And if the paperwork is not right, the ATO does not treat it as a loan. They treat it as income. Unfranked. No credits. Straight onto your personal tax return.

With 30 June coming up fast, now is the time to check three things: that your minimum repayment has been made, that any new loans are properly documented, and that your interest rate meets the ATO benchmark (8.77% for 2025-26).

We work through this with clients every year. It is not complicated once you know what to look for. But leaving it too late absolutely is.

Full article here: https://www.financialutilities.com.au/blog/division-7a-loans-what-company-directors-need-to-check-before-30-june

Address

25 Burler Drive
Vasse, WA
6280

Opening Hours

Monday 9am - 3pm
Tuesday 9am - 3pm
Wednesday 9am - 3pm
Thursday 9am - 3pm

Telephone

+611300400181

Website

, ,

Alerts

Be the first to know and let us send you an email when Financial Utilities Pty Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category