Tax Traps That Could Cost You Big This EOFY

You finally start making some solid profit in your trade business… then WHACK! You cop a tax bill you didn’t see coming.Sound familiar?In this episode of The Tradie Show podcast, Andy and Angela expose the most common tax mistakes that tradies make, and how to dodge them so you can hold onto more of your hard-earned cash. It’s real talk, practical advice, and tradie-to-tradie truth bombs you won’t hear from your accountant. 📥 Grab your free download:81 TAX DEDUCTIONS FOR TRADIES - Get the most out of tax time and make sure you’re not leaving money on the table. Better in your pocket than the tax man! Key takeaways from this episode:Why May is your golden window to get ahead of taxThe truth about cashies, AI and how the ATO is getting smarterWhat expenses you CAN claim (and a few you absolutely cannot)Why using your business account for personal spending is killing your booksThe $20K or $30K Instant Asset Write-Off update (pending election result)What counts as a "work vehicle" - and why your BMW probably doesn’t qualifyHow super and GST can trip you up if you’re not carefulThe hidden sting of CGT when claiming your home officeWhy poor record-keeping is a business killerThe company tax mistake tradies forget until it’s too late Want Andy to look at your business?Book a free GamePlan call and he’ll give you tailored advice ... and provide you with clarity and direction to smash out what you need to do right now to help you create the lifestyle and freedom you deserve.👉 https://www.lifestyletradie.com.au/gameplan-call/ 📱 Follow Lifestyle Tradie:Instagram: LifestyleTradieFacebook: Lifestyle TradieSupport the show