EOFY Check-In: Cars, Cashflow & Key Tax Moves Logbook check-in: Are you still compliant? Many people assume their car logbook is “set and forget” for five years, but that’s not always the case. A logbook is only valid if your work-related travel patterns haven’t changed. You may need a new logbook if: You’ve changed jobs You’ve moved home or workplace Your work travel patterns have changed Important reminders: If you have multiple vehicles, you need a separate logbook for each If you buy a new car, you can rely on your previous logbook, but only if you formally nominate this before lodging your return If your employer provides your car (or via a novated lease), you generally can’t claim car expenses Electric and hybrid vehicles: Using the ATO shortcut rate for home electricity used to charge your vehicle (5.47c/km from 1 April 2026) means you can’t also claim charging costs from your electricity bills. Plug-in hybrids require a specific calculation method Bottom line: If your circumstances have changed, your logbook may no longer be accurate and that can impact your claim. EOFY tax planning: What to focus on now To keep this practical and not overwhelming, here are the key opportunities to review before 30 June: 1. Super contributions Must be received by the fund before 30 June to claim a deduction Concessional cap is $30,000 (2025–26) Consider carry-forward contributions if eligible 2. Prepay and bring forward expenses Small businesses may be able to prepay expenses and claim now Bringing forward planned purchases (e.g. equipment under $20,000) can accelerate deductions 3. Review stock and assets Write down or write off obsolete or slow-moving stock Remove scrapped assets from your depreciation schedule 4. Clean up your books Write off bad debts before 30 June Ensure trust distributions or dividends are properly documented 5. Plan ahead Consider timing of income, expenses and capital gains Review cashflow for upcoming tax payments Look at opportunities to vary tax instalments if needed EOFY isn’t just about ticking boxes, it’s about making sure your claims are accurate and your tax position is working for you, not against you. If your situation has changed this year (work, home, business or vehicles), it’s the perfect time to review. Need help? We’re here to make sure everything is set up correctly before 30 June.

Giving Back to the Communities That Support Us At Brentnalls Western Victoria, giving back isn’t something we do occasionally, it’s part of who we are. We’re proud to work closely with individuals, families and businesses across our region, and we believe it’s important to support the communities that support us. Through our Workplace Giving initiative, our team has the opportunity to contribute to causes that are meaningful to them, often those connected to their own families, friends and local networks. What makes this initiative special is that it’s driven by our people. The causes we support aren’t chosen at a distance — they reflect real experiences, real stories, and real connections within our team. In our most recent round of contributions, we were proud to support a number of important organisations making a difference in very different ways. We made a donation to the Motor Neurone Disease Association of Australia , helping provide care, support and advocacy for individuals and families navigating the challenges of MND. We also supported the World’s Greatest Shave — a cause that was particularly close to home this year. Erin’s son, Xavier (pictured above) took part in the campaign and was truly “brave for the shave,” shaving his head to raise funds and awareness for those facing blood cancer. It’s a powerful reminder of how small acts of courage can make a meaningful impact. Our team also chose to support the Shaka Project , an organisation focused on strengthening youth mental health through connection, conversation and community. With growing awareness around mental health, particularly for young people, this is an area many of us feel strongly about. In addition, we contributed to the Royal Children’s Hospital Melbourne , helping support the incredible work they do in delivering world-class care to children and their families. While these contributions may seem small in isolation, together they reflect something much bigger - a shared commitment to looking beyond our day-to-day work and supporting the people and communities around us. At Brentnalls Western Victoria, we believe strong communities are built through connection, care and contribution. We’re proud to work alongside a team that not only cares about what they do, but also about the impact they can have.