How Perth Businesses Can Maximise Tax Deductions in 2025

With the 2025 financial year in full swing, Perth business owners are looking for effective ways to reduce their tax burden while staying compliant with ATO regulations. Understanding what you can claim, when to act, and how to plan ahead can lead to significant savings. Partnering with experienced tax accountants in Perth is a smart move for any business seeking to make the most of every deduction.

In this article, we explore practical strategies for Perth businesses to maximise tax deductions in 2025 and the vital role of qualified tax accountants in Perth in achieving that goal.

1. Know What You Can Claim

Understanding deductible expenses is essential. Many Perth businesses overlook legitimate claims due to lack of knowledge or poor recordkeeping. Common business tax deductions include:

• Office rent and utilities
• Business-related travel and vehicle expenses
• Work-from-home costs (internet, electricity, portion of rent)
• Depreciation on assets such as computers and office furniture
• Employee wages and super contributions
• Marketing and advertising costs
• Business insurance premiums

Consulting a tax accountant Perth ensures you claim everything you’re entitled to—without overstepping ATO rules.

2. Use the Instant Asset Write-Off Wisely

The government’s instant asset write-off scheme allows eligible businesses to immediately deduct the full cost of certain new or second-hand assets. This can apply to vehicles, machinery, IT equipment, and office tools. Your Perth tax accountant can guide you on thresholds, eligibility, and timing to maximise the benefit for your business.

3. Prepay Eligible Expenses

Another effective tax strategy is prepaying certain business expenses before 30 June. Items like rent, insurance premiums, and subscriptions can often be claimed in the current financial year if paid in advance. A qualified tax accountant in Perth can help you assess which prepayments qualify and how they’ll impact your overall tax position.

4. Make Superannuation Contributions Before EOFY

Super contributions are a tax-deductible expense for employers. To maximise your deduction, ensure all employee super payments are made and received by the fund before 30 June. Additionally, you may be able to make personal contributions as a business owner—discuss these opportunities with your Perth tax accountant to avoid exceeding contribution caps.

5. Review and Write Off Bad Debts

If your business is owed money that’s unlikely to be recovered, you may be able to write off the amount as a bad debt and claim it as a deduction. This must be done before 30 June and properly recorded in your accounts. A tax accountant in Perth can help ensure your claims meet ATO requirements.

6. Maintain Accurate Records Year-Round

Accurate, up-to-date financial records are crucial for claiming deductions. Using cloud-based accounting systems like Xero or QuickBooks can make it easier to track deductible expenses throughout the year. Many tax accountants in Perth offer bookkeeping services or software integration support to help simplify this process.

7. Claim Depreciation on Business Assets

Some assets lose value over time and can be depreciated each year. If your business holds equipment, tools, or vehicles not eligible for an instant write-off, you may still be able to claim a deduction for depreciation. This requires proper asset schedules, which your Perth tax accountant can prepare and manage.

8. Consider Temporary Full Expensing (If Extended)

If the government extends the temporary full expensing measures into 2025, eligible Perth businesses can deduct the full cost of new depreciating assets. This is particularly valuable for businesses planning to invest in capital equipment. A tax accountant Perth will keep you informed of any updates and help you apply the rules effectively.

9. Don’t Overlook Industry-Specific Deductions

Different industries come with unique deductible expenses. For instance, tradespeople may claim tools and uniforms, while hospitality businesses can claim kitchen equipment or cleaning costs. An experienced tax accountant in Perth familiar with your industry can help tailor your deductions accordingly.

10. Plan Ahead with Professional Tax Advice

Waiting until tax time can limit your options. Meeting with a Perth tax accountant early in the financial year allows you to make strategic decisions, spread deductible expenses appropriately, and structure your finances for optimal results. Tax planning is not just about reducing this year’s tax—it’s about building long-term financial health.

Final Thoughts

Maximising your business tax deductions in 2025 is about more than keeping receipts—it's about strategic planning, awareness of ATO rules, and leveraging every available advantage. With the guidance of skilled tax accountants Perth, small and medium-sized businesses can boost their bottom line and stay fully compliant.

If you’re unsure where to begin, book a consultation with a trusted tax accountant in Perth today and gain peace of mind this financial year.