SMH Accountants & Advisors

SMH Accountants & Advisors SMH Accountants & Advisors is dedicated to providing top-notch accounting and taxation services to individuals and businesses of all sizes.

Save this post right now. Seriously. 📌These 5 things are the difference between a good tax return and a great one.Here's...
12/06/2026

Save this post right now. Seriously. 📌

These 5 things are the difference between a good tax return and a great one.
Here's why each one matters:

① Vehicle logbook — no log, no claim. ATO won't accept guesses.
② Home office — more people qualify than they think. But you need actual records.
③ Meal receipts — "lunch $85" gets rejected. "Lunch with [client] re: proposal
$85" gets approved.
④ Assets — phone, laptop, equipment. Even partial business use can be split and
claimed.
⑤ Subscriptions — Xero, Canva, Adobe, Zoom, ChatGPT. If it runs your business,
it's deductible. Are you claiming all of them?

The businesses that come to us in July with clean records consistently get better
outcomes than the ones who scramble in June.

Comment DEDUCTIONS and we'll DM you our full business deductions checklist — free.👇

📞 03 9969 1247
🌐 smhaccountants.com.au

The biggest super change in a decade lands in a few weeks. ⏳From 1 July 2026 — Payday Super is law.Here's what changes o...
08/06/2026

The biggest super change in a decade lands in a few weeks. ⏳

From 1 July 2026 — Payday Super is law.

Here's what changes overnight:

❌ Quarterly super payments — gone
✅ Super paid with every single pay run
✅ Must reach employee's fund within 7 business days
✅ ATO sees it in real time through STP

If your payroll software isn't updated, your clearing house isn't sorted, or you
haven't checked your cash flow — you're already behind.

Comment SUPER below and we'll DM you our free Payday Super readiness checklist.👇

📞 03 9969 1247
smhaccountants.com.au

June 30 is 6 weeks away. Here's your tax survival checklist 🚨Most Aussie business owners scramble in the last week of Ju...
05/06/2026

June 30 is 6 weeks away. Here's your tax survival checklist 🚨

Most Aussie business owners scramble in the last week of June and leave thousands on the table.

Do these 3 things THIS WEEK and you'll actually SAVE money (not just avoid penalties):

1️⃣ **RECONCILE YOUR BOOKS NOW**
Missing transactions = missed deductions.
Download your bank statements and match everything.
(30 mins of pain now = $3K+ saved later)

2️⃣ **BUY WHAT YOU NEED (BEFORE JUNE 30)**
New laptop? Office furniture? Software subscriptions?
Instant asset write-off lets you claim up to $20,000 THIS financial year.
But only if you buy AND use it before June 30.

3️⃣ **PREPAY 12 MONTHS OF EXPENSES**
Insurance, subscriptions, memberships - if you prepay now, you can claim the FULL amount this year.
Example: $6,000 insurance paid June 29 = full deduction for FY25.

BONUS TIP:
Don't wait until June 29 to talk to your accountant.
We're booking out fast and rushed jobs = missed opportunities.

Already done your prep? Drop a ✅ below
Scrambling? Comment "HELP" and we'll send our June 30 checklist

Time's ticking. Let's make it count 💰
📞 03 9969 1247
🌐 smhaccountants.com.au

#

The ONE thing that makes tax time painless (and saves you $$$) 📂After 15 years doing tax returns, we can spot the differ...
01/06/2026

The ONE thing that makes tax time painless (and saves you $$$) 📂

After 15 years doing tax returns, we can spot the difference immediately:

Organized clients vs. chaotic clients.

The organised ones?
→ Finish their tax in 2 weeks
→ Get bigger refunds
→ Pay lower fees
→ Zero stress

The chaotic ones?
→ Miss deadlines
→ Leave money on the table
→ Pay rush fees
→ Constant panic

The secret isn't complicated:

**Monthly record keeping. That's it.**

30 minutes/month = smooth tax season.

Here's what to track monthly:
✅ All receipts (photo + categorize)
✅ Invoice payments
✅ Bank reconciliation
✅ Mileage log
✅ Asset purchases

We just created a FREE monthly checklist to make this dead simple.

Want it? Comment "CHECKLIST" below 👇

Stop dreading tax time. Start organizing now.

29/05/2026

If you're earning at a higher level, tax rules change — and small mistakes can cost thousands.

Division 293 tax is one of the most overlooked areas in Australia’s tax system.

The right strategy can help you stay compliant and tax-efficient.

Book a quick tax strategy call with SMH Accountants and find out if you're overpaying on super.

📞 03 9969 1247
🌐 smhaccountants.com.au

25/05/2026

Falling behind on tax usually isn’t about money — it’s about structure.

The right systems make compliance easy.

📞 SMH Accountants can help you stay on track.

Book a call

22/05/2026

Running a business without clear numbers is like driving blind.

You need clarity to grow.

📩 Let’s fix that.

Message us today

Two structural changes have come into effect that will reshape how Australians build and manage wealth through property....
18/05/2026

Two structural changes have come into effect that will reshape how Australians build and manage wealth through property.

Negative Gearing — restricted to new builds only. If you hold established investment properties, you can no longer offset rental losses against your wage income. This fundamentally changes the cash flow equation for hundreds of thousands of investors.

Capital Gains Tax — the 50% discount is gone. In its place, a minimum 30% tax on gains. Depending on your marginal rate and asset holding structure, this could significantly erode your returns on sale.

What this means in practice: → Your current portfolio structure may no longer be tax-efficient → Timing of asset sales needs to be reassessed → New build opportunities may now make more financial sense than before
These are not changes to sit on. The earlier you review your position, the more options you have.

📞 Book a call with our team —
03 9969 1247
🌐 smhaccountants.com.au

15/05/2026

Tax-time stress isn’t random — it’s a result of habits.

Fix the process, and everything changes.

📞 Get organised with SMH Accountants.

Contact us today

Working 60+ hours but your profit is... crickets? 🦗Here's what's probably happening:You're stuck in the "busy vs product...
11/05/2026

Working 60+ hours but your profit is... crickets? 🦗

Here's what's probably happening:

You're stuck in the "busy vs productive" trap.

3 reasons Aussie businesses stay busy but broke:

1️⃣ **Underpricing**
Your hourly rate doesn't cover overheads + your actual time.
Real cost per hour is 2-3x what you think.

2️⃣ **No profit tracking**
Revenue ≠ profit.
You need to know your numbers WEEKLY, not yearly.

3️⃣ **Tax surprises**
Not putting money aside = scrambling during tax time.

The fix?

Start with ONE change this week:
→ Track your actual hourly rate (time spent vs $ earned)

Want our free "Profit Health Check" template?

Comment "PROFIT" and we'll send it over 📊

Your business should fund your life, not drain it.

Address

82 Mount Alexander Road, Travancore , Victoria
Melbourne, VIC
3032

Opening Hours

Monday 8:30am - 7:30pm
Tuesday 8:30am - 7:30pm
Wednesday 8:30am - 7:30pm
Thursday 8:30am - 7:30pm
Friday 8:30am - 7:30pm

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