The ADF ruling that governed sport was withdrawn in June 2025. What survived, what a compulsory sports afternoon is actually worth, and why the green fees were never deductible.
Clayton Wood
Managing Director, Business Edge Advisors
Clayton Wood
Clayton has run Business Edge Advisors since 2013. The practice has been on the border since 1988, and he took it over with the same idea it started with: a business owner should be able to ring their accountant and get a straight answer.
Most of his week goes on trade and small business owners around Albury and Wodonga, working through the things that actually decide whether a year went well. What structure to be in, what to do before 30 June, and whether the numbers on the screen mean what the owner thinks they mean. He writes here about the questions that come up most often, in the same words he would use across the desk.
Registered Tax Agent 20651000. Level 1, 561 Olive Street, Albury NSW 2640.
What he writes about
- Tax, which is mostly what you can claim, what gets knocked back, and what changed this year.
- Xero and bookkeeping, for owners who would rather the software did the work.
- Business planning, being the part that happens before the numbers are already bad.
- Individual returns, because a lot of business clients started as a personal return.
Two things changed for teachers this year, and one of them settles the home office argument for good. The rest of this is teacher tax deductions claim by claim, so go straight to the one you were about to get wrong. Jump straight to Teaching aids Working from home Car and travel Self-education Clothing and … Read more
Division 293 tax, excess concessional contributions and how to pay each one. Worked examples at 2026-27 rates, the 60 day release election, and the Payday Super trap waiting in 2026-27.
The 50% CGT discount is replaced by indexation from 1 July 2027. Growth before that date keeps the discount even if you sell years later. What changes, and when.
Claim 70 cents an hour for 2025-26, plus your desk and computer. What you almost certainly cannot claim is rent or mortgage interest, and why that matters.
From 1 October 2026 the card networks stop surcharging on eftpos, Mastercard, Visa and Amex. What has to come off, what it does not cover, and where the money actually is.
Work out what card payments really cost your business from one statement, what to ask your provider, and whether a cash or PayID discount is worth it.
Every company needs a registered office. It is public, it is where legal documents can be served, and missing what arrives there costs real money. How to decide whether yours should be your premises, your home, or ours.
Running costs are safe to claim. Occupancy costs like mortgage interest are the trap: being eligible hands back part of your main residence exemption.
Usually yes. And the identical carton, opened at your Christmas do, usually is not. Same beer, same client, same money, completely different tax outcome. Here is where the line actually sits, with the ATO’s own ruling and examples. The short answer A gift you give a client is deductible if you gave it to win … Read more