EOFY Checklist

Missed a deadline? Can't remember what to provide for your tax?

Use our checklist and never miss a thing!

Tax Returns made easy

View our tax return checklist for individuals, available in print format or online!



Tax Rate Changes from 1 July 2024

From 1 July 2024 the tax rates for individuals will be reduced. Depending on your income level, you will keep more of your pay each pay period as less tax will be deducted from your pay. For more information please visit TAX CUTS TAX CUTS

ATO Watchlist for 2024

Every year the ATO target specific areas of tax returns to ensure you are compliant.

Working From Home

It is now mandatory to keep a record of your working from home hours. To make a claim for the 23-24 year, there are two requirements you must meet.

Record Requirements Record Requirements

Rental Property Deductions

Rental properties are on the watchlist AGAIN in 2024. Especially deductions. Have a look at the comprehensive list the ATO has published for rental properties.

ATO Rental Guidance ATO Rental Guidance

Rushing to Lodge

They will be looking at returns lodged in July 2024 as these returns are generally missing income from other sources.

Work-Related Expenses

In Conjunction with the Working From Home claim, the ATO are looking at work-related expenses. 

The 3 Golden Rules The 3 Golden Rules


Student Debt Relief

From 1 June 2023 HELP Debt Indexation has been reduced, from 7.1% to 3.2% in 2023, and 4.7% to 4% in 2024. 

Read More Read More


Instant Asset Write-Off

The instant asset write-off threshold for small business will be $20,000 from 1 July 2023 to 30 June 2024.

Read More Read More

Super Guarantee Changes

Superannuation Contribution Guarantee for employees is increasing from 11% to 11.5% from 1 July 2024.

Most software will update this automatically, please check your pay run to ensure you are paying super at the correct rate.

Minimum Wage Increase

Effective from 1 July 2024, The FairWork Commission has announced the following wage increases:

National Minimum Wage will increase to $24.10 per hour, an increase of 3.75%.

Award Minimum Wage will also be increased by 3.75%.


These increases apply from the first full pay period starting on or after 1 July 2024. 

Check your Award on the FairWork website now.

FairWork FairWork

Not-for-Profit Organisations

From the 2023-2024 income year, non-charitable not-for-profit's (NFP) with an active ABN are required to lodge an annual self-review return, to assess their eligibility for an income tax exemption.

Self-review returns can be lodged online, using Online Services for business, or through a registered tax agent.

Click here for more information.

Not-for-profit Self Review Not-for-profit Self Review


If you missed our seminar on your reporting obligations, please see below our helpful documents.

Seminar Slides Seminar Slides

  ATO Form ATO Form

Self Review Checklist Self Review Checklist


We'd like to congratulate the following staff on their service with Galpins.

Shirley Walsh


Celebrated 45 years of service

David Sullivan


Celebrated 25 years of service

Kasey Graham


Celebrated 10 years of service