Tax And Eofy Resources

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Tax and EOFY Resources

Whether this is your first or tenth financial year as a business owner, the legislation and claimables are always changing. We’ve compiled a series of resources, downloadable spreadsheets, key dates and handy tips and tricks to support you, all in one super easy, super practical place. 

Helpful resources by category

Sometimes you just need what you need when you need it. And when it comes to tax time, chances are you have no time to waste looking. So we've gathered up the important pieces and pulled them together in three neat little collections. Just for you.




All Tax and EOFY resources

For those that want to see everything all at once, this is your collection of tax, Xero and EOFY resources.

11 Sep

How to record bad debts in Xero


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11 Sep

How to record incorrect payment against an invoice in Xero


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28 May

How To Add Long Service Leave in Xero


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18 Mar

The Fringe Benefit Tax traps

The Fringe Benefits Tax year (FBT) ends on 31 March. We explore the problem areas likely to attract the ATO’s attention.


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21 Nov '23

How to Register a Business for Paid Parental Leave in the ATO Portal


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21 Nov '23

How To Set Up and Process Paid Parental Leave in Xero


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14 Nov '23

FBT-Free Electric Cars

New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. 


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9 May '23

PCG 2021/4 ATO Tax Ruling Professional Firm Profits - Sample Report

Effective at 30th of June 2023, our sample PCG 2021/4 report uses Dr. Nicole Smart as our example. 


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13 Apr '23

Xero Personal Cashbook: How to edit your chart of accounts


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13 Apr '23

Xero Personal Cashbook: How to reconcile your personal credit card


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13 Apr '23

Xero Personal Cashbook: How to reconcile transfers between your accounts


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13 Apr '23

Xero Personal Cashbook: How to prepare a cash summary report


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13 Apr '23

Xero Personal Cashbook: How to add a bank account


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6 Apr '23

PCG 2021/4 Professional Firm Profit

The ATO guidance (PCG 2021/4) totally changes the way that professional firm profits can be allocated (or split) among a family group from 1 July 2022 onwards.


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5 Apr '23

Tax Planning - What is it and how can it save you money?

When an accountant talks about Tax Planning what do they actually mean? As part of our tax advisory service we always offer strategic tax advisory, but it's important to note there are a lot of things that accountants cannot implement after June 30.


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5 Apr '23

2023 Tax Return - Items To Consider

To maximise your deductions and ensure that your tax return is complete, please review the following items and advise your Accountant if any apply to you.


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5 Apr '23

Tax Return Checklist for Property Investors

Understand what expenses you can claim as a property investor.


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5 Apr '23

Is It Tax Deductible? The Checklist You Need

Everyone wants to pay less tax, right? To do that you need to know what you can claim… and what you can’t.


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5 Apr '23

Why You Should Lodge an FBT Return

Why should you lodge an FBT return where no FBT is payable? Well, for the simple reason that it turns on a three-year deadline for the ATO to commence audit activities. This is a NEW ATO rule as a result of massive deficits due to COVID. The ATO need to gain more funds somehow...FBT liability is one of the methods.


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15 Feb '23

How to Add Users to Your Xero Account


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15 Feb '23

How To Upload Documents to Hubdoc


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15 Feb '23

Publishing Hubdoc Bills in Xero


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15 Feb '23

Identifying Your Top Income Clients in Xero


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15 Feb '23

How To Reconcile Personal Transactions in Xero


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15 Feb '23

How To Process Refunds in Xero


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15 Feb '23

What Account To Use in Xero and When


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15 Feb '23

When and How to Use Bank Rules in Xero


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15 Feb '23

Understanding Tax Rates in Xero and When To Use Them


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15 Feb '23

How To Look Up Your Gross Profit Margin in Xero


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15 Feb '23

How To Look Up Your Profit in Xero


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15 Feb '23

How To Process Subcontractor Super in Xero


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15 Feb '23

Bank Reconciliations: How To Process Split & Part Payments in Xero


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18 Jan '23

STP Phase 2: Pay Item Transition

This video offers a Xero how-to on the latest details of the compulsory STP (Single Touch Payroll) Phase 2 rollout including Pay Item Transition.


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18 Jan '23

Xero STP Phase 2: Leave Transition

This video offers a Xero how-to on the latest details of the compulsory STP (Single Touch Payroll) Phase 2 rollout including Leave Transitions.


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18 Jan '23

Xero STP Phase 2: Employee Transition

Changes are coming about how you manage Xero payroll with Single Touch Payroll (STP) Phase 2. This video explains how to manage Employee Transition in STP Phase 2.


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8 Aug '22

Selling Your Business to Fund Retirement

For the majority of small to medium sized business owners, the value of your business is your biggest asset, and very likely, your retirement fund.


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