Knowing everything that can qualify as a tax deduction can help improve your bottom line.
Take a look at the deductions available on:
• motor vehicle expenses
• home-based business costs
• spending on repairs, maintenance and replacements
• worker salaries, entitlements and super contributions
• business travel and more
Build your confidence before tax-time by doing the ATO’s free short course on claiming small business deductions.
Make sure you’re up to date on pay rates and leave
The National Minimum Wage, and the minimum award rate, will be increasing to $26.44 per hour or $1,004.90 per week for ongoing employment. Government-funded Parental Leave is also increasing from 120 to 130 days. These changes apply from the first full pay period on or after 1 July 2026, so it’s crucial to ensure you’re aware of the correct rates and leave entitlements.
The Fair Work Ombudsman has some simple tools and resources to help:
• pay and conditions tool
• pay guides
• parental leave.
Click here to see how these apply
Apply for up to $1,000 to offset the cost of eligible items that reduce risks from hazards such as slips, trips and falls, moving machinery, heavy lifting and hazardous airborne contaminants. Thousands of NSW small businesses have already made their workplaces safer with the rebate, while easing pressure on their bottom lines. Check your eligibility and apply here
