May 2025 Newsletter

May

15th

Rede Accountants May 2025 Newsletter

This Newsletter covers :

Year-end tax planning opportunities & risks
- Opportunities
  - Bolstering superannuation
  - Charitable donations
  - Investment property owners
- Risks
  - Work from home expenses
  - Landlords beware
  - Gig economy income
For your business
- Opportunities
  - Write-off bad debts
  - Obsolete plant & equipment
  - For companies
- Risks
  - Tax debt and not meeting reporting obligations
  - Professional firm profits
Instant asset write-off threshold finally confirmed
Property subdivision projects: the tax implications
The ATO’s updated small business benchmarking tool

Liability limited by a scheme approved under Professional Standards Legislation.

Take Care
Col, Ken & The Team at Rede