EOFY 2025: Top Tax Planning Tips to Maximise Your Refund
EOFY is coming—here’s how to get the most from your 2025 tax return. Smart strategies, ATO updates, and expert tips to help maximise your refund.
EOFY is coming—here’s how to get the most from your 2025 tax return. Smart strategies, ATO updates, and expert tips to help maximise your refund.
In 1971, only one in five Australian taxpayers could afford professional help with their returns. Of the country’s 5.4 million taxpayers, the vast majority found tax agents’ fees out of reach. At the time, tax expertise was a privilege reserved for corporations and their executives, with only six major firms and a few local practices controlling the market. John Bailey saw this as unfair and set about making a change.
Every year the ATO is on the look out for certain focus areas. Here are the top three areas for tax time 2023: