At Nanak Accountants in Trigunina, we provide a wide range of accounting and financial services designed to make life easier for individuals, businesses, and not-for-profit organizations. From tax returns for individuals and companies, GST and BAS lodgement, to bookkeeping and payroll management, we, as responsible accountants in Surry Hills, take care of the numbers so you can focus on what matters most. We also offer business advisory and virtual CFO services to assist with strategic planning, budgeting, and business growth. Our team is experienced in SMSF setup and compliance, wealth structuring, trust management, and even cryptocurrency accounting. Contact us today for all of your taxation needs.
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PAYG Payment Summary: 2026 Guide for AustraliaMany Australians still search for a PAYG payment summary at tax time. In most cases, though, the document they need is an ATO income statement in myGov because of Single Touch Payroll. That shift has changed what employees look for and what employers must do at year end. A PAYG payment summary shows payments and tax withheld Most employees now receive an ATO income...0 Comments 0 Shares 6 Views 0 ReviewsPlease log in to like, share and comment!
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Tax Claims for Nurses: Your 2026 ATO Deduction Guide (AU)Nurses in Australia can generally claim work-related expenses if they paid for them themselves, weren’t reimbursed, and the cost directly relates to earning nursing income. Common areas include eligible uniforms, laundry, CPD, AHPRA registration, union fees, tools and some travel, but private costs like normal clothes and home-to-work travel are usually not deductible. Long shift done....0 Comments 0 Shares 7 Views 0 Reviews
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Nurse Tax Guide: Common Deductions Nurses Can ClaimThis nurse tax guide explains the common tax deductions, work-related expenses, and record-keeping tips nurses should know before tax time. Nurses in Australia can generally claim work-related expenses if they paid for them themselves, weren’t reimbursed, and the cost directly relates to earning nursing income. Common areas include eligible uniforms, laundry, CPD, AHPRA registration,...0 Comments 0 Shares 7 Views 0 Reviews
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Rental Property Depreciation: Maximize Your 2026 ClaimsRental property depreciation can reduce your taxable rental income, but many investors mix up repairs, improvements, and depreciating assets. That’s where claims go wrong. Some people overclaim and create audit risk. Others miss deductions they were entitled to from the start. If you’re sorting invoices, preparing a rental property tax return, or trying to work out whether you need...0 Comments 0 Shares 4 Views 0 Reviews
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ATO Letter Tax Time Warning: A 2026 Guide for AustraliansAn ATO tax time warning letter is usually a data-matching reminder to review your income and deductions before lodging, not an audit or penalty notice. In the 2024 tax year, the ATO adjusted more than 595,000 individual tax returns because of missing income, overstated deductions and incorrect tax credits, which is why these letters matter before you press submit. If you’ve...0 Comments 0 Shares 4 Views 0 Reviews
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ATO Refund Delayed: Reasons, Timeframes and What to DoYou lodge your return, the refund estimate looks right, and a few days later there is still nothing in your account. That usually points to timing or processing, not a rejection. In practice, the first job is to work out whether your return is still within the normal ATO window or has moved into a slower review path. For many online individual returns, the ATO says processing is usually...0 Comments 0 Shares 5 Views 0 Reviews
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Investigating a Potential Compromised TFN for AustraliansYou log into myGov and something looks wrong. There’s unknown employer income, a tax return lodged without permission, an unexpected ATO debt, changed bank details, or suspicious account activity you know you didn’t authorise. That’s when investigating a potential compromised TFN becomes urgent. Don’t jump straight to panic, and don’t ignore it...0 Comments 0 Shares 4 Views 0 Reviews
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MyGov Tax Return Still Processing: Reasons and What to DoLodging your annual tax return is a yearly ritual for most Australians. But after you’ve hit ‘submit’ in myGov, seeing your myGov tax return still processing for days or weeks can be confusing. While it’s natural to feel a little anxious, this status is a normal part of the Australian Taxation Office (ATO) finalising your return. It simply means the ATO has...0 Comments 0 Shares 4 Views 0 Reviews
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Division 293 Calculator: Estimate Extra Super TaxDivision 293 tax can catch high income earners off guard. A pay rise, bonus, capital gain, or extra super contribution can push you over the line before you realise it. A Division 293 calculator gives you a practical way to estimate the likely extra tax before the ATO Division 293 assessment arrives. Extra super tax: Division 293 is an extra tax on certain concessional super contributions...0 Comments 0 Shares 3 Views 0 Reviews
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Accounting Action in Progress ATO 2026 ExplainedYou’ve lodged your return, checked myGov, and instead of a clear answer you see Accounting Action in Progress. That status worries people because it sounds technical and unfinished. In most cases, that’s exactly what it is. Your return is still moving through ATO processing, and the wording usually lines up most closely with the official ATO status In progress –...0 Comments 0 Shares 14 Views 0 Reviews
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