As the 2025–26 financial year comes to an end, now is the perfect time to ensure you’re claiming everything you’re legally entitled to. With good record-keeping and the right advice, you may be able to increase your tax refund while staying fully compliant with Australian tax laws.
Here are some practical tips to help maximise your 2026 tax return:
1. Claim All Eligible Work-Related Expenses
You may be able to claim expenses that are directly related to earning your income, such as tools, uniforms, protective clothing, professional memberships, work-related travel, and other eligible costs. Keep receipts and records to support your claims.
2. Don’t Forget Working From Home Expenses
If you worked from home during the financial year, you may be eligible to claim work-related running expenses such as electricity, internet, phone, stationery, and office equipment, provided you meet the ATO requirements and maintain appropriate records.
3. Claim Self-Education Expenses
Courses, textbooks, seminars, and professional training that directly relate to your current employment may be tax deductible.
4. Review Your Investment and Rental Property Expenses
If you own shares or an investment property, ensure you claim all eligible expenses, including interest, management fees, repairs (where applicable), and other deductible costs.
5. Consider Personal Super Contributions
Eligible personal contributions to your superannuation may help reduce your taxable income if they meet ATO rules and required notices are lodged.
6. Keep Accurate Records
Maintaining organised receipts, invoices, logbooks, and bank statements throughout the year makes it easier to prepare your tax return accurately and helps support your claims if required.
7. Use a Registered Tax Agent
A registered tax agent can help identify deductions you may have overlooked, ensure your tax return is prepared correctly, and provide advice based on your individual circumstances.
Start Early and Maximise Your Refund
Preparing your tax return early allows more time to gather the right information and avoid last-minute stress. Every taxpayer’s situation is different, and the deductions you can claim depend on your individual circumstances.
If you’re ready to get started, complete our 2-minute online tax return form and let our registered tax agents help maximise your legal tax refund quickly, securely, and conveniently from anywhere in Australia.
Disclaimer: This article provides general information only and should not be considered personal tax advice. Eligibility to claim deductions depends on your individual circumstances and applicable Australian tax laws.