Tax and bookkeeping in 25 seconds
Short videos on the questions Australians ask about tax time, BAS and bookkeeping fees. Every video page has the full text and the ATO or Tax7 source for each figure.
Tax tips for individuals
Deductions, super and investments, with the ATO source for every figure.
Are you missing these deductions?
Three deductions worth checking for Tax Time 2025-26: the fee you pay a registered tax agent to lodge your return, income protection premiums (not if the policy sits inside your super), and gifts to a registered charity from 1 July 2024, even under $2, with the receipt.
24 second video
Worked from home? 70c an hour
For 2025-26 the ATO fixed rate method for working from home is 70 cents per work hour.
24 second video
Your super's tax-friendly limit
The concessional (before-tax) super contributions cap is $32,500 from 1 July 2026 (2026-27); the 2025-26 cap is $30,000.
24 second video
Unused super cap? It can roll forward
If your total super balance was under $500,000 at 30 June of the previous year, you can use unused concessional cap from up to 5 previous years.
24 second video
Family trusts: can and can't
A family trust trustee can allocate the income within what the trust deed allows, and adult beneficiaries pay tax at their own rates on their share of the net income.
24 second video
Investment property: claim this, not that
For an investment property you can generally claim loan interest, council rates and land tax, agent fees, and repairs and maintenance.
24 second video
Instant asset write-off 2025-26
For 2025-26, a small business with aggregated turnover under $10 million using the simplified depreciation rules can deduct the business portion of each asset costing under $20,000 in the year it is first used or installed ready for use.
24 second video
Paying too much tax? 5 moves to check
Five moves to check for 2026-27: use your super cap ($32,500 concessional cap for 2026-27, $30,000 for 2025-26); carry forward unused cap from up to 5 previous years if your balance is under $500,000; contribute early because a contribution counts when your fund receives it; know that a $1,000 standard deduction is applied automatically from 2026-27 if you are eligible, reduced by work expenses you claim; and pay the ATO on time because GIC and SIC interest is not deductible from 1 July 2025.
24 second videoSmall business bookkeeping and fees
BAS dates, bookkeeping tiers and the monthly-fee plans. All Tax7 prices are ex GST.
Shoebox of receipts vs one monthly fee
Instead of receipts in a shoebox, deadlines to remember and a big bill at year end, Tax7 offers a Company All-In Plan from $449 per month ex GST.
24 second video
Four BAS deadlines a year
Quarterly BAS is due on 28 October, 28 February, 28 April and 28 July, and your BAS shows your own due date.
25 second video
What does your accountant really cost a year?
Bookkeeping, BAS and a company return bought separately typically cost about $12,000+ a year at market prices (our estimate, ex GST).
24 second video
No surprise bill at year end
A fixed monthly fee means you know your fee before you start.
25 second video
Tradie doing the books at night
Connect your bank feed once and Tax7 reconciles it every month, with senior accountants only.
24 second video
Your Xero is a mess? Keep your software
You can keep your software: Tax7 works in Xero, MYOB and QuickBooks, with coding checked by AI and reviewed by a senior accountant.
24 second video
Pick your number: bookkeeping tiers
Tax7 bookkeeping is priced by transactions per month, from, ex GST: under 50 is $190, 50-150 is $350, 150-300 is $550 and 300-1,000 is $900.
25 second video
You run the business, we run the paperwork
Tax7's Company All-In Plan is from $449 per month ex GST: monthly reconciliation (up to 150 transactions a month), your 4 BAS, the company return and financials, and an ASIC review reminder, so you can sell, quote and deliver.
23 second video
Hiring your first employee
Tax7 payroll and STP is from $25 per employee per month ex GST and includes payroll, superannuation and ATO reporting, handled by senior accountants.
24 second video