Tax & Tea Accounting Services

13/05/2026

Big changes are being proposed for investors — and social media is already full of panic and fear mongering.

At this stage, these are proposed changes only. Nothing has been legislated yet.

Before making major financial decisions based on headlines, TikToks, or Facebook comments:

✔ wait for the final legislation
✔ understand how the rules may actually apply
✔ discuss your personal situation with your accountant during tax planning/advisory

A few important things people are missing:
✔ existing assets may be partially grandfathered
✔ proposed changes are not intended to start until 1 July 2027
✔ negative gearing is often misunderstood
✔ tax deductions reduce taxable income — they do not create profit

A good reminder that social media is not always tax advice.

16/04/2026

If you’re unsure about your tax or bookkeeping, it’s better to ask than guess.

If you need help, get in touch. Support when you need it, no pressure.

15/04/2026

Key Dates Reminder! A couple of important deadlines coming up:

28 April 2026 – Superannuation
Super guarantee payments are due for the March quarter.

⚠️ Important: The payment must be received by the super fund by this date — not just paid on the day. If it doesn’t clear in time, it becomes non-deductible and may require SGC lodgement.

26 May 2026 – BAS (Activity Statement)
Due date to lodge and pay March quarter BAS if lodging through a registered tax/BAS agent.

Staying on top of these helps avoid penalties and keeps everything running smoothly ✔️

If you need help or a quick review before lodging, feel free to reach out 😊

25/03/2026

Cash vs Accrual — what’s the difference?

It all comes down to timing.

Cash accounting records income when the money hits your bank account, and expenses when you pay them.

Accrual accounting records income when it’s earned and expenses when they’re incurred — even if no money has moved yet.

👉 Example:
You invoice a client $2,000 in June, but they don’t pay you until July.

• Cash accounting → income is recorded in July (when you get paid)
• Accrual accounting → income is recorded in June (when you did the work)

Cash shows what’s in your bank.
Accrual shows what your business has actually earned and owes.

Both have their place — the right one depends on your business, your goals, and how you want to track performance.

18/03/2026

Your numbers shouldn’t feel confusing.

Your business deserves bookkeeping that is accurate, organised and actually useful — not something you avoid looking at.

No guesswork.
No messy reports.
Just clear, reliable numbers so you can understand how your business is really performing.

If you’re ready for bookkeeping that supports your business (not stresses you out), reach out to book a call

16/02/2026

Are you a small business owner thinking about buying equipment before 30 June?

The ATO has confirmed the $20k instant asset write-off for the 2026 financial year.

09/02/2026

When your books are clean, decisions are easier, stress is lower and you actually know where your business stands.

Clean numbers create clarity and confidence.

We can get you there! Reach out when you’re ready to take the stress out of your business finances.

04/02/2026

Your pricing should cover expenses, support owner pay and leave room for profit.

If you’re busy but still feeling financially stretched, your pricing may not be aligned with your goals.

A few things to check:

- Are your monthly expenses fully covered?
- Are you paying yourself consistently?
- Does your pricing support profit, not just revenue?

Your financial reports can tell you quickly whether your pricing is working or needs adjustment.

If you’re unsure, it may be time to review your numbers and pricing together.
Reach out when you’re ready for clarity and support.

02/02/2026

28/01/2026

Your financial reports aren’t just for tax time.
They’re tools you can use to make smarter day-to-day business decisions.

Here’s how to actually use them 👇

1️⃣ Profit & Loss
Look at what’s really working (and what isn’t). It shows where your money is coming from, where it’s going, and what’s actually profitable — not just busy.

2️⃣ Cash flow
Before you hire, invest in marketing, or take on new expenses, check what cash is genuinely available. Profit doesn’t always mean cash in the bank.

3️⃣ Trends over time
Don’t just focus on one month. Patterns usually show up across seasons, which helps you plan ahead for promotions, quieter periods, and growth.

Use your numbers to plan ahead instead of reacting.

Think of your business like a living system — it needs regular check-ins, not once-a-year attention.

If you’re unsure how to use your reports, or your books aren’t up to date, book a call and let’s get clarity around your numbers