Is This the Year You Finally Get a Decent Return?

Spoiler: It Doesn’t Just Happen. You Plan for It.

EOFY is around the corner—and if you’re like most Australians, you’re either quietly dreading it or already wondering: Will this be the year I actually get a decent tax return?

The answer? Yes—but only if you take a few smart steps now.

Here’s how employees, business owners, and investors can unlock more value from their tax return this financial year.

1. Don’t Wait Until July—Tax Returns Start Now

EOFY isn’t just July 1. If you're serious about your return, your strategy starts before the deadline.

Ask yourself: 

✅ Have I estimated my taxable income for the year? 

✅ Have I made any extra super contributions? 

✅ Have I pre-paid any business or education expenses?

Each of these can impact what you get back—and the deadline to act is June 30.

2. Pay Super Before June 25 (Yes, the 25th)

If you’re a business owner or sole trader planning to claim superannuation contributions, here’s the golden rule:

It must hit the fund by 25 June.

Any later, and it won’t count for this year’s tax deduction—even if you meant to pay earlier.

This applies to:

• Your own voluntary top-ups

• Employee super contributions

Use a clearing house and confirm the timing to avoid delays.

3. Use a Vehicle Logbook (Or Claim the Simpler Way)

Driving for work? Don’t miss out on claiming vehicle expenses just because you didn’t track them.

✅ Option 1: Use a logbook to claim a % of all car costs (fuel, rego, depreciation).

✅ Option 2: Claim cents per kilometer (no logbook, but limited).

Download our free vehicle logbook template if you’re choosing the detailed method.

4. Claim What Others Forget

Most Aussies miss out on deductions they’re 100% entitled to. Here are a few worth double-checking:

• Work-from-home expenses

• Tools or uniforms

• Education for professional development

• Insurance (income protection, business, etc.)

• Donations over $2

If it relates to earning your income—you may be able to claim it.

5. Don’t DIY If You’re Unsure

Yes, the ATO has online tools. But tax law is not always intuitive—and guessing could mean missed money (or worse, errors).

If you have:

• A side hustle or ABN

• Investment income

• Business expenses

• Multiple income streams

…it’s worth talking to a professional. (Tip: That fee may also be deductible!)

Your Refund Reflects Your Planning

The average refund in Australia last year was around $2,500—but thousands of taxpayers walked away with much less. Or nothing.

The good news? You can change that this year.

📞 Book a 15-minute consult with the team at ProfitCloud.online and we’ll help you identify smart, legal ways to improve your outcome—before it’s too late.

Book Your Free Tax Planning Call

TL;DR: What Smart Taxpayers Are Doing This June

✅ Estimating their taxable income early 

✅ Making super contributions by 25 June 

✅ Claiming deductions they actually qualify for 

✅ Avoiding last-minute panic

Don't just file. Plan smart—and finally get the return you deserve.