
Sign up to save your podcasts
Or


As tax time rolls around, Australian small and medium-sized businesses are on the hunt for ways to keep more money in their pockets—legitimately. In this episode of Financial FOFU, we break down the essential tax-time strategies every business owner should know. From understanding what really counts as a deductible expense (hint: it’s not always the obvious stuff) to making the most of the Instant Asset Write-Off and prepaying eligible expenses,we’ll guide you through it all.
We also cover often-overlooked record-keeping tips to help keep the ATO happy, explore smart superannuation contribution strategies before June 30, and unpack the latest ATO compliance updates—including how to avoid penalties and navigate payment plans. Whether you're a seasoned operator or new to business, this episode is packed with practical advice that could save you thousands and set you up for a smoother EOFY. Don’t miss it!
-----
Just two industry experts (and guests) having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.
This is a safe space to ask questions and hear useful info on financial matters.
Read more about FOFU here
And, as always if you'd like to leave us a message, or suggest a topic, you can do so here
———————-
DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances.
By Sarah Eifermann and Trudi CowanAs tax time rolls around, Australian small and medium-sized businesses are on the hunt for ways to keep more money in their pockets—legitimately. In this episode of Financial FOFU, we break down the essential tax-time strategies every business owner should know. From understanding what really counts as a deductible expense (hint: it’s not always the obvious stuff) to making the most of the Instant Asset Write-Off and prepaying eligible expenses,we’ll guide you through it all.
We also cover often-overlooked record-keeping tips to help keep the ATO happy, explore smart superannuation contribution strategies before June 30, and unpack the latest ATO compliance updates—including how to avoid penalties and navigate payment plans. Whether you're a seasoned operator or new to business, this episode is packed with practical advice that could save you thousands and set you up for a smoother EOFY. Don’t miss it!
-----
Just two industry experts (and guests) having a friendly chat and sharing our knowledge. We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.
This is a safe space to ask questions and hear useful info on financial matters.
Read more about FOFU here
And, as always if you'd like to leave us a message, or suggest a topic, you can do so here
———————-
DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances.

28 Listeners