Practical Steps to Stay Ahead

To stay resilient in the face of shifting markets:

• • Run scenario plans for at least three economic outcomes: stable, slowdown, or recession.
    
    
  • Refocus on core operations and delay expansion plans that depend heavily on international supply chains or consumer confidence.
    
    
  • Monitor currency movements, especially if your business has overseas transactions or contracts.
    
    
  • Stay alert to policy updates, particularly in trade, tariffs, and interest rates. What happens in Washington or Beijing can affect your bottom line in Sydney or Perth.
    
    

The Road Ahead: Stay Alert, Stay Adaptive

There’s no doubt that 2025 will challenge assumptions and test strategies. With global uncertainty high and Australian markets showing early signs of strain, business owners must be both vigilant and flexible.

This is where the right advisory partner makes a difference.

Let Aero Accounting Group Guide You Through 2025

At Aero Accounting Group, we work side-by-side with business owners to decode global shifts and turn insights into strategy. Whether you’re reviewing supplier exposure, refining forecasts, or planning for growth in an uncertain market, our team is ready to help.

Book a consultation today to discuss how your business can adapt with confidence.

Call us now or Message us directly to get started.

Your strategy. Our expertise. Let’s move forward—together.

The ATO is offering a transitional window until 30 June 2025
During this period, your NFP can continue self-assessing as income tax exempt only if no income or assets have been distributed to members. After this deadline, compliance is non-negotiable.

Expert Insight: Governance Is a Strategic Advantage

At Aero Accounting Group, we’ve worked with many not-for-profit organisations navigating regulatory changes. Here’s what we’ve seen make the biggest difference:

1. 1. Annual Reviews Lead to Stronger Governance
      Use your Annual General Meeting (AGM) as a touchpoint to review governing documents. Align them with ATO requirements and ensure they reflect current operations.
   2. Proactive Compliance Avoids Risk
      Waiting too long to update governing documents could expose your NFP to tax liabilities. Taking action now means your operations continue uninterrupted.
   3. Internal Controls Matter
      Ensure your organisation has clear guidelines to prevent unauthorised distributions to members. Reimbursements and wages are fine, but there must be a strong paper trail.

Keep Your NFP Tax Exempt and Future-Ready

The ATO is tightening its oversight, and the new self-review return is a clear signal. Compliance now goes beyond good practice—it’s essential for staying tax exempt.

If your organisation:

• • Has an ABN

     

  • Is non-charitable

     

  • Self-assesses as tax exempt

     

Then it’s time to:

• • Lodge your NFP self-review return annually

     

  • Review and update your governing documents

     

  • Implement internal controls to prevent improper distributions

     

Partner with Aero Accounting Group

Understanding the fine print of tax exemption requirements is challenging. That’s where we come in. Aero Accounting Group helps not-for-profit organisations stay compliant, strengthen governance, and focus on their mission with confidence.

Book a consultation today to review your governing documents, streamline your compliance processes, and submit your self-review return with assurance.

We’re here to support your organisation every step of the way—because purpose-driven work deserves precise guidance.

What’s Ahead for Business Owners

• • The instant asset write-off is sticking around longer.
    Small businesses with turnover under $10 million can continue claiming immediate deductions for purchases under $20,000. This applies through to 30 June 2026. The timing of purchases still matters. Assets must be installed and ready for use to be eligible. If you’re planning to upgrade tools, tech, or equipment, this policy opens the door for smarter spending.
  • A national strategy for small business is now in consultation.
    The proposed strategy looks to reduce friction between government systems and streamline compliance. The aim is to make interactions between businesses and different levels of government more straightforward. If adopted, this could simplify paperwork and reduce delays across applications, reporting, and registrations.
  • Support for the green industry is expanding.
    The Green Aluminium Production Credit will offer emissions-linked payments to smelters transitioning to renewable electricity. Aluminium production represents about ten percent of Australia’s electricity use. The credit aims to shift that demand toward cleaner sources. While this initiative targets large industries, it signals stronger national momentum toward renewables, which may shape opportunities across related sectors.

Aero Accounting Group is Here to Help You Move Forward with Confidence

Understanding these updates is one part of the equation. Taking the right action is what makes the difference. At Aero Accounting Group, we help individuals and business owners turn policy shifts into practical gains.

Our team is already working with clients to time purchases, assess eligibility, and plan smarter strategies for the year ahead. You don’t need to sift through legislation. We’ll help you get clear answers and a smart plan.

Explore the full article, start a conversation, or book a consultation today.

Let’s make the most of what’s ahead.

Visit aerogroup.com.au or message us now.

Aero Accounting Group. Clear advice. Practical results. Always in your corner.

Key Focus Areas for 2025

The ATO is paying close attention to the following areas:

Work-Related Expenses
Claims must be clearly linked to your income. Vague or personal purchases won’t pass ATO scrutiny, even if you use them while working. Keep detailed records and only include expenses that are strictly work-related.

Working from Home Deductions
There are two methods you can use when claiming:

• • Fixed rate method
    Claim 70 cents per hour for extra costs like electricity, internet, and phone usage. You don’t need a dedicated home office, but you must keep a detailed record of your actual hours worked from home throughout the year.
  • Actual cost method
    Claim specific expenses that relate to working from home. This could include depreciation of home office equipment or utility usage. This method usually allows for larger deductions but requires more record keeping.

Double claims are not allowed. For example, if you claim using the fixed rate method, you cannot also claim separate deductions for mobile phone or internet usage.

Multiple Income Streams
All income must be reported, including gig economy jobs and side businesses. Each income source might offer different deductible opportunities, but they all need to follow ATO guidelines and be supported with proper documentation.

Stay Compliant. Stay Informed. Let Aero Help You Lodge With Confidence.

Navigating deductions can feel complex, especially with changing rules and closer ATO scrutiny. With the right guidance, you can identify what to claim, avoid unnecessary risk, and lodge a return that stands up to review.

Aero Accounting Group is here to support you at every step. Our team helps business owners make smart tax decisions, stay compliant, and get the most from every return — without crossing the line.

Ready to get your tax right this year? Contact Aero Accounting Group today to book your consultation. Let’s make this your most confident return yet.

Aero Accounting Group. Straightforward advice. Trusted expertise. Here to help business owners move forward.

Illustrative Examples from ATO Guidance

           The ATO’s updated guidance includes illustrative examples to help clarify how different property subdivision scenarios are treated for tax purposes:

• • Example 1: A property owner engaged in buying, renovating, and reselling multiple properties was assessed as carrying on a business. In this case, the profits were treated as ordinary income rather than capital gains, meaning the Capital Gains Tax (CGT) provisions did not apply. However, the owner was not required to charge GST, as the renovations were not considered “substantial.”

     

  • Example 2: Another example involved an individual who subdivided a portion of vacant land from their primary residence under personal hardship, undertaking minimal activity beyond obtaining council approvals. The proceeds from the sale were taxed under the CGT regime, and the CGT discount was available. However, the main residence exemption did not apply because the subdivided land was sold separately from the dwelling.
    

These scenarios underscore how factors such as your intent, level of activity, and the project’s complexity can significantly influence how your subdivision is taxed.

Why Getting Tax Treatment Right is Crucial for Your Project

           Failing to accurately estimate your tax and GST liabilities can jeopardize the economic viability of your subdivision project. Missteps in tax planning can lead to unexpected tax bills, cash flow problems, and diminished profits.

Being proactive with tax strategy not only protects your bottom line but also gives you the confidence to make informed decisions that align with your business goals.

How Aero Accounting Group Can Help You Navigate Complex Tax Issues

          At Aero Accounting Group, we specialize in guiding business owners through the complexities of property-related tax issues. Our expert team provides clear, actionable advice tailored to your unique situation—helping you navigate ATO rules, maximise tax efficiency, and avoid costly surprises.

Take the next step:

• • Book a consultation with our experienced advisors today.
  • Download our free guide on property subdivision tax essentials.
  • Join the conversation by commenting below or sharing this article with others in your network.

Trust Aero Accounting Group to be your strategic partner for smart property decisions and sustainable business growth.

How to Take Advantage of the $20,000 Threshold

Maximising this opportunity requires a clear understanding of the rules and timing. Here’s a practical guide to ensure you benefit fully:

• • Check Your Eligibility: Only businesses with a turnover under $10 million can access this write-off. Ensure your business falls within this limit.
    
  • Identify Qualifying Assets: Most depreciating assets such as plant and equipment, tools, and vehicles (subject to specific rules) that cost less than $20,000 excluding GST qualify.
    
  • Timing Is Everything: The asset must be purchased and ready for use before 30 June 2025 to qualify for the immediate deduction.
    
  • Calculate Costs Correctly: Remember, the $20,000 threshold excludes GST, which you may claim separately if registered for GST.
    
  • Prepare for Future Changes: From 1 July 2025, this threshold is set to drop back to $1,000 unless the Government introduces new legislation to extend or amend it. Consider your purchasing plans carefully.
    
  • Avoid Common Pitfalls: Some purchases may not qualify if bundled together, or if the asset is secondhand with certain conditions. Consulting with an expert ensures you don’t miss out due to technicalities.

Why This Matters for Your Business Growth

         The instant asset write-off isn’t just a tax concession—it’s a powerful business growth tool. By freeing up working capital, you can reinvest in your operations, hire new staff, or improve services. Immediate deductions improve cash flow, which can be critical for businesses in competitive or volatile markets.

Moreover, this enhanced threshold encourages ongoing investment and renewal of equipment, helping businesses stay efficient and competitive.

Take Action Now with Aero Accounting Group

        Opportunities like this don’t last forever. If you’re planning to purchase business assets before the 30 June 2025 deadline, or if you want to understand the finer details of how the instant asset write-off applies to your situation, reach out to Aero Accounting Group today.

Our team offers tailored advice, ensuring you maximise your deductions while staying compliant with all tax laws. Avoid the common traps and confidently plan your purchases with expert guidance.

Book a consultation with Aero Accounting Group now — your trusted partner in navigating tax strategies and growing your business.

3. Property Owners: Claim What You’re Entitled To

If you own an investment property, don’t overlook:

• • Depreciation schedules to claim wear and tear.
    
  • Interest deductions — but only for the portion of the loan used for income-generating purposes.
    
  • Repairs vs. capital works — only repairs are deductible immediately. Structural improvements and full asset replacements (like hot water systems) are depreciated over time.

ATO alert: Claims are under scrutiny, especially for holiday homes not genuinely available for rent.

4. Work-from-Home? Know Your Deduction Options

The ATO is watching work-from-home claims closely. You have two options:

• • Fixed rate method (70c/hour): Covers energy, internet, phone, and office supplies. You must keep a log of hours worked.
    
  • Actual cost method: Claim exact expenses — but keep receipts and a 4-week representative work diary.

No, you can’t claim your morning coffee or toilet paper (yes, people have tried).

5. Business Deductions to Action Before 30 June

Make sure you act before EOFY to lock in these:

• • Write off bad debts: If recovery is unlikely, document it in your records before 30 June.
    
  • Scrap obsolete equipment: Clear old assets off your books and claim them now instead of slowly depreciating.
    
  • Pay super early: Paying your June quarter super in June can bring forward the deduction.
    
  • Commit to bonuses: Directors’ fees or staff bonuses can be deductible this year if formally resolved.

Let’s Make Tax Time Work for You

You’ve worked hard all year. Let’s make sure your tax strategy works just as hard.

Book a consultation with Aero Accounting Group — we’ll help you take full advantage of every opportunity before June 30.

Aero Accounting Group is your trusted partner for clear, proactive, and practical advice — helping you make confident, informed decisions all year round.

EOFY doesn’t have to be stressful. With the right support, it can be a smart turning point for your business.

What can’t you claim?

Expenses that are personal in nature, like:

• • Cosmetic surgery
  • Regular clothing
  • Hair and grooming costs
  • Gym memberships (unless part of your core content and clearly justifiable)
    

Good record-keeping is key. Keep receipts, track usage, and speak to an advisor who understands the nuances of digital content income.

New Platform Reporting Rules Start 1 July 2024

From July 2024, digital platforms like OnlyFans will be required to report user earnings directly to the ATO. This change follows earlier rules applied to ride-share and short-term rental platforms.

This means:

• • The ATO will receive detailed income data from platforms
  • Creators can no longer rely on unreported earnings or hidden balances
  • Accurate and timely tax reporting will be more important than ever before
    

This shift highlights why creators need to stay compliant and proactive—because the ATO will now have access to more data than ever before.

From Side Hustle to Sustainable Business

The digital creator economy is booming. Some Australian creators are now earning tens of thousands of dollars each month through platforms like OnlyFans, YouTube, and TikTok. While not every content creator will see that level of income, it highlights an important shift—content creation is no longer “just a side hustle.”

Finance channels with steady traffic can generate over $15,000 per month through ad revenue alone, while beauty and lifestyle influencers often bring in thousands from brand deals, affiliate links, and subscriptions.

As income increases, so do responsibilities. Many creators are surprised to learn they’ve already triggered tax or GST obligations without realising it. Whether it’s claiming valid deductions or staying ahead of ATO reporting changes, taking a business-minded approach is essential.

If you’re consistently posting, collaborating with brands, or earning money online, now’s the time to treat your content like a business—not a hobby.

Let’s Build the Business Behind Your Brand

Aero Accounting Group works with creators to simplify tax, reporting, and business compliance. We’re here to help you:

• • Understand your tax responsibilities
  • Set up the right structure for growth
  • Claim valid deductions and avoid unnecessary tax bills
  • Navigate GST registration and BAS lodgements
  • Build a business foundation that supports long-term success
    

You focus on content. We’ll handle the numbers.

Book a consultation with Aero Accounting Group today.

Visit www.aerogroup.com.au or contact our team to get started.

Because behind every successful creator is a smart business strategy—and a trusted advisor who understands the journey.

$150 Energy Bill Relief – Automatic Credit for Households

From 1 July 2025, eligible households will receive a $150 energy bill credit applied automatically over six months.

How this helps:

This is a direct cost-of-living offset designed to support Australians facing rising utility bills. There’s no application process—just a lower bill at a time when every dollar counts.

Tip: Use this period of relief to reassess your utility providers or build a small emergency fund. Even a few months of savings can make a long-term difference.

Help to Buy Scheme – Expanding Access to Home Ownership

The Government is expanding its “Help to Buy” shared equity scheme to help more Australians enter the housing market:

• • Income eligibility increased:

    • Singles up to $100,000
      
    • Couples up to $160,000
      

  • Equity contribution by Government:

    • Up to 30% for existing homes
      
    • Up to 40% for new builds
      

Why this matters:

With housing affordability remaining a national challenge, this could open the door for first-home buyers struggling to meet deposit requirements or manage mortgage repayments alone.

Important Note:

The program is not yet open—but being prepared now (with your income and savings documents ready) could put you in a strong position once applications are live.

Foreign Ownership Ban on Established Homes – What It Means for Buyers

From 1 April 2025, foreign investors can no longer purchase established homes in Australia (with limited exceptions).

The takeaway:
This measure may cool housing demand, especially in inner-city markets—creating more breathing space for local buyers. If you’re in the market, keep an eye on how this affects listing volumes and price movements in your area.

What This All Means

In a time of rising costs and growing uncertainty, even small shifts in tax and policy can make a big difference to your household’s trajectory. Whether it’s a few hundred dollars in savings or a new pathway into the housing market, staying informed is the first step to staying in control.

This Budget brings a clear message: now’s the time to be proactive—not reactive.

Ready to Plan Ahead? We’re Here to Help.

If you’re wondering how these changes will affect your tax return, your eligibility for programs, or your broader planning strategy—we’re just a call away.

Aero Accounting Group helps individuals and families cut through the confusion and get clarity. From personal tax returns to navigating complex government schemes, we’re your trusted partner in staying one step ahead.

Other Updates That May Affect Your Business

While updating your employment practices, it’s worth noting other upcoming policy changes that may impact your business operations.

Beer Excise Freeze (Effective August 2025)

Good news for breweries, pubs, and hospitality businesses:

• • The Government will pause indexation on draught beer excise and customs duty for two years starting in August 2025.
  • This means the price of beer won’t rise due to tax increases, supporting venues with tighter margins.
  • From 1 July 2026, the excise remission cap will increase from $350,000 to $400,000, providing more room for eligible alcohol producers to grow and reinvest.

Trade Tariffs on Russia and Belarus Extended

The Government has extended a 35% tariff on goods from Russia and Belarus. While this may have minimal revenue impact, businesses involved in importing or manufacturing should review their supply chains for cost implications or sourcing alternatives.

What Business Owners Should Do Now

With 2027 fast approaching, the time to act is now. Here’s your action checklist:

• • Review all employment contracts and highlight any potentially non-compliant clauses.
  • Update agreements to focus on enforceable protections like confidentiality and IP clauses.
  • Shift focus to long-term employee engagement and incentive strategies.
  • Stay informed on broader competition reforms, including wage-fixing and no-poach provisions.
  • Seek professional advice to protect your business interests and meet compliance standards.

Being proactive today means fewer risks and greater flexibility tomorrow.

Partner With Aero Accounting Group — Your Trusted Business Advisor

At Aero Accounting Group, we help business owners navigate change with clarity, confidence, and strategic insight. Whether you’re restructuring employment agreements, rethinking your retention strategy, or responding to tax and regulatory changes, we’re here to support your next step.

Now is the time to build a compliant, future-ready workforce.

Book a consultation with Aero Accounting Group today, Stay compliant. Stay competitive. With Aero Accounting Group by your side.