What can I claim on tax as an employee in Australia?

Employees may be able to claim eligible work-related expenses such as working from home expenses, car expenses, tools, equipment, professional memberships, self-education and tax agent fees. The expense must relate to earning income and records must be kept.

What expenses are tax deductible for individuals?

Common deductible expenses for individuals may include work-related expenses, tax agent fees, eligible donations, income protection insurance outside superannuation and certain investment or rental property expenses.

Can I claim working from home expenses?

You may be able to claim working from home expenses if you incur additional costs because you work from home and meet the required record keeping rules.

Can I claim my car expenses on tax?

You may be able to claim eligible work-related car expenses. Normal travel from home to your usual workplace is generally private and not deductible.

Are tax agent fees deductible?

Fees paid to a registered tax agent for preparing and managing your tax affairs are generally deductible in the year they are paid.

What can I claim on tax return without receipts?

Most deductions require evidence and records. Some limited exceptions may apply, but taxpayers should not assume an expense can be claimed without supporting records.

Does the proposed $1,000 standard deduction apply to my 2026 tax return?

The proposed $1,000 standard deduction should not be assumed to apply unless legislation is passed and official guidance confirms it applies.

Skilled tax accountants in Clyde North

get in touch

Finding a reliable tax accountant for your small business can be challenging. Taxes, bookkeeping, and compliance with ever-changing regulations require an expert’s touch.

At Rands Tax & Business Consultants, we specialize in offering tailored tax preparation services for small businesses, ensuring you stay compliant and optimize your financial health.

Our experienced tax accountants serve Clyde North and the surrounding areas, providing top-notch services that meet your unique business needs.

Trusted Small Business Tax Accountant in Clyde North

At Rands Tax & Business Consultants, our services are designed to add significant value to your business and personal financial matters. Our comprehensive offerings include:

Our Services for Small BusinesAses

Taxation & Accounting Services

Our taxation and accounting services are designed to provide personalized solutions to manage your business’s financial health. We understand that each small business has unique needs, and we tailor our services to ensure that you receive the support necessary to thrive. From routine bookkeeping to complex tax planning, we handle all aspects of your financial management, ensuring your business remains compliant with current regulations and positioned for growth.

Tax Returns

Handling tax returns can be overwhelming, especially with different requirements for individuals, partnerships, companies, trusts, and Self-Managed Superannuation Funds (SMSFs). Our experienced tax accountants for small businesses specialize in managing these complexities. We ensure accurate and timely filing of tax returns, maximizing your benefits while ensuring full compliance with tax laws. Trust us to handle your tax return needs efficiently.

Tax Planning and Advice

Effective tax planning is crucial for minimizing liabilities and maximizing benefits. Our tax planning and advice services include strategies for negative gearing and capital gains tax management. We work closely with you to understand your financial situation and develop a tailored plan that aligns with your business goals. By staying updated with the latest tax laws, we ensure that you make informed decisions that enhance your financial health.

Business Activity Statements (BAS)

Preparation and submission of Business Activity Statements (BAS) are essential for complying with GST obligations. Our professional tax preparation service includes accurate and timely BAS preparation to ensure your business meets all regulatory requirements. We simplify the process, allowing you to focus on running your business while we handle the complexities of GST reporting and compliance.

Financial Statements

Detailed financial statements are vital for understanding your business’s financial position and making informed decisions. Our accounting services include the preparation of comprehensive financial statements that reflect the true financial health of your business. Whether you need balance sheets, profit and loss statements, or cash flow reports, we provide accurate and insightful financial documents that support your strategic planning and operational efficiency.

PAYG Variations

Managing Pay As You Go (PAYG) variations can be challenging for small businesses. Our services include handling PAYG variations to ensure accurate withholding amounts, helping you avoid penalties and manage cash flow effectively. We provide expert advice and support, ensuring that your PAYG obligations are met with precision and efficiency.

Bookkeeping Training for Xero, MYOB, and QuickBooks

In addition to our comprehensive bookkeeping services, we offer specialized training for Xero, MYOB, and QuickBooks. Our training programs are designed to help you and your team master these leading accounting software tools, ensuring efficient and accurate financial management. Whether you’re new to these platforms or looking to enhance your skills, our expert guidance will enable you to leverage the full potential of these systems. We provide hands-on training sessions that cover everything from basic setup to advanced features, empowering you to maintain precise financial records and make informed business decisions

At Rands Tax & Business Consultants, we provide professional accounting, taxation services, advice and support to ensure you achieve your financial objectives.

Our team of highly-experienced tax accountants in Clyde North provide accounting services including expert advice and support in taxation, bookkeeping, business consultancy and small business advisory.

When it comes to handling your accounts, our tax agents are specialists and take pride in the quality of services we provide.