As the ATO ramps up scrutiny for the 2025 tax season, Bartons’ Senior Manager Matt Baczyk and Senior Accountant Mitch Tucker explore the key areas under review. They include home office deductions, rental property claims, Airbnb and holiday home income, side hustles, cryptocurrency transactions, and conference-related expenses. Matt and Mitch explain deduction methods, record-keeping requirements, and the ATO’s use of benchmarking and data matching.

BARTONS
https://www.bartons.com.au/

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

From 1 July 2025, interest charges imposed by the ATO will no longer be tax deductible. Adam McCann, Director at Bartons, is joined by Chartered Accountant Matt Baczyk and Finance Broker Nicholas Elmassih to unpack what this change means for individuals, businesses, and companies with outstanding or future tax debts. 

They explore the implications for cashflow and tax planning, and outline practical strategies to minimise the financial impact. These include early repayment, negotiating ATO payment plans, seeking interest remissions, or refinancing through non-bank lenders. 

BARTONS
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product. 

See omnystudio.com/listener for privacy information.

There are significant financial advantages for South Australian doctors of Super SA’s Triple S scheme – if it’s used strategically. In this episode, Dr Paul Allcock is joined by Bartons Director Adam McCann and Director and Head of Strategic Advice, Adrian Guarino to unpack how medical professionals can optimise the unique benefits of the scheme; and more broadly, Dr Allcock’s personal and financial journey. 

Dr Allcock shares his personal journey with superannuation and how early planning granted him financial independence. You’ll learn why Triple S is unlike other funds, how to navigate contribution caps, and why salary sacrifice and spouse splitting are game-changers for doctors juggling public and private roles. It’s a practical, insight-rich discussion for doctors looking to future-proof their financial wellbeing through smart, proactive planning.  

BARTONS 
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.  

See omnystudio.com/listener for privacy information.

Treasurer Dr Jim Chalmers delivered his fourth Budget this year with an eye firmly fixed on an approaching election. After two years of surpluses, Australia is heading back into deficit, with billions in red ink forecast ahead. But what does it mean for your taxes, business, and superannuation? And are the new tax cuts really worth celebrating? 

To offer insights on what it means is Bartons’ Managing Director, Chris Waples, and Senior Manager, Matt Baczyk. They discuss individual tax cuts, business taxation, superannuation changes, and student loan relief. 

BARTONS 
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product. 

See omnystudio.com/listener for privacy information.

Have you thought about investing in shares but you’re unsure whether it’s the right investment? Or, perhaps you simply confused with how to do so. Chris Waples and Chris Zucker of Bartons offer an overview of share investments, which historically provide higher long-term returns compared to other asset classes like cash or fixed interest. 

Unlike property, shares are highly liquid, allowing quick buying and selling. There are tax advantages with shares and, with relatively small investments, shares allow easy diversification across multiple companies, reducing individual company risk. However, share markets can be volatile, requiring investors to manage risk and understand their tolerance for market fluctuations. Whatever your approach to investment, it’s important to seek professional advice and tailored strategies. 

BARTONS
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product. 

See omnystudio.com/listener for privacy information.

It’s tougher now than ever for younger Australians to get their foot in the property market. To help those looking to purchase their first home, the government has introduced the First Home Super Saver (FHSS) Scheme, which allows those eligible to make personal voluntary contributions into their superannuation fund to help them save for their first home. 

To discuss how it all works is the team from Bartons: Director Adam McCann, Financial Advisor Teagan Loveridge, and Lending Advisor Teresa Reid. They explore eligibility criteria, contribution limits, tax implications, and withdrawal processes.

BARTONS 
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visithttps://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product. 

See omnystudio.com/listener for privacy information.

Like many doctors early in their careers, Dr Isobel Marshall is navigating the financial landscape to secure a stable future.  Last episode, she asked a range of common financial questions to Bartons’ Director, Adam McCann and Financial Advisor, Teagan Loveridge. This week, she focuses her queries on property, with a particular emphasis on buying a first home.

They cover the benefits of joint property purchases, such as increased borrowing capacity, and explore strategies like rentvesting, tax advantages through negative gearing, and the First Home Super Saver Scheme to help individuals enter the property market.

BARTONS
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

Starting a career often brings financial questions, especially for medical professionals with limited financial literacy. In this episode, we address some of the more common money issues junior doctors are thinking about. Dr Isobel Marshall, a former Young Australian of the Year, is starting her internship in the South Australian public health system. She sits down with Bartons’ Director Adam McCann and Financial Advisor Teagan Loveridge, armed with a range of questions on how to optimise her finances. The discuss salary sacrificing, strategic HELP debt repayments, long-term investments like shares and tax-efficient superannuation funds.

Bartons Tax Checklist
https://bartons.snapforms.com.au/form/2024-medical-checklist

BARTONS
https://www.bartons.com.au/ 

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors. 

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit https://www.bartons.com.au/contact/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product. 

See omnystudio.com/listener for privacy information.

The team at Bartons are often approached with common (and sometimes uncommon) tax-related questions that arise from high-income clients, especially medical professionals. Madison Vizzari, Assistant Manager in Bartons’ Accounting Team, and Matt Baczyk, Bartons’ Senior Manager, discuss some of the frequent ones, including enquiries involves structuring income to minimise tax. 

Other queries include travel deductions, investment property repairs and improvements, entertainment, and a range on miscellaneous tax deduction expenses. As with most tax matters, consulting an accountant is vital, as many tax rules are nuanced and situation-specific, ensuring the best possible outcomes.

BARTONS
https://www.bartons.com.au/

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors.

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visit 
https://www.bartons.com.au/contact/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.

With housing prices at historic levels and interest rates stubbornly high, it’s become increasingly difficult for young people to get their toe into the housing market. Is it worth their parents putting their hands in their pockets to help out? Bartons Director Adam McCann explores the issue with Matt Baczyk, Head of Bartons Medical Division and Teresa Reid, Finance Broker from Bartons Lending Services.

Parents can assist their children through methods like gifting money, providing loans, or acting as guarantors, but there are legal and financial implications. They also examine government incentives, including the First Home Owners Grant and stamp duty concessions. Parents considering support should assess their financial security and retirement plans.

BARTONS
https://www.bartons.com.au/

Financial Clarity for Life is proudly brought to you by Bartons, Chartered Accountants and Wealth Advisors.

Bartons is offering you the opportunity for a 5-minute financial clarity call. Please visithttps://www.bartons.com.au/contact/

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.

See omnystudio.com/listener for privacy information.