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10 Smart Ways to Maximise Your 2025 Tax Refund
Tax time is here, and getting organised can help you claim all the deductions you’re entitled to under the 2024–25 tax rules.
Updated 30 Jun 2025 | Published 30 Jun 2025
1 min read
At TaxAssist, we support individuals and business owners in navigating the tax system confidently and ensuring their tax returns are accurate and compliant.
Here’s how we can help:
1. Identify industry-specific deductions
Every occupation has unique allowable deductions. We guide you to ensure you claim what you’re entitled to.
2. Claim work-from-home expenses correctly
Using the 70c per hour fixed-rate method or actual cost method, we help you claim your work-from-home expenses while meeting ATO record-keeping requirements.
3. Ensure vehicle claims are accurate
A 12-week logbook can help you claim eligible work-related car expenses correctly.
4. Plan your asset purchases
The $20,000 instant asset write-off is available until 30 June 2025 for eligible businesses. We can guide you on timing purchases to ensure compliance.
5. Calculate phone and internet claims
We help you determine the correct work-related percentage to claim for your phone and internet usage.
6. Review work-related education expenses
We assist you in identifying claimable courses, travel, and study expenses related to your current employment.
7. Include charitable donations
Donations over $2 to registered charities, including small bucket donations, may be deductible.
8. Review your GST reporting
For sole traders, we can review your GST method (cash or accrual) to ensure it aligns with your business needs.
9. Review investment property deductions
We help ensure you have the necessary records to claim eligible depreciation and expenses on your rental property.
10. Book a free initial consultation with your TaxAssist Accountant, not DIY
Preparing your tax return can be complex. Our experienced team will guide you through the process, ensuring your tax return is completed accurately while claiming your eligible deductions. Our fees are tax-deductible.
Download here your FREE Tax Return Checklist to help you prepare for your appointment and ensure nothing is missed.
Tax time doesn’t need to be stressful. Book your appointment with TaxAssist today and feel confident your tax return is in expert hands.
Call 1300 513 332 for your free initial consultation.
Updated 30 Jun 2025 | Published 30 Jun 2025
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 16 locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.