Episode 206

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Published on:

3rd Jun 2025

Tax Time (2025)!

The 2024-25 financial year is almost over, which means tax time is just around the corner. So what can taxpayers do to prepare?

On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Mark Chapman, director of tax communications at H&R Block, to discuss key tax dates, contributions, deductions, documents and more.

00:00 Introduction

00:28 Key dates for the 2025 tax season

03:08 The taxpayers under ATO scrutiny

05:39 Last-minute deductions and contributions

10:41 Preparing for the new financial year

12:15 Upcoming tax changes and final thoughts

#friendswithmoney #tomwatson #markchapman #tax

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About the Podcast

Friends With Money
Earn. Save. Invest.
We all have questions about money; how to earn it, how to spend it, and the best ways to invest so we can watch it grow.

The Friends With Money podcast, created by Money Magazine (Australia’s longest-running and most-read personal finance magazine), shares its extensive network of finance experts, in-depth knowledge of markets and timely advice to help you understand the world of money.

Hosted by senior writer, Tom Watson, and editor-in-chief, Michelle Baltazar, Friends With Money is a weekly chat with a variety of credentialed guests that you won’t want to miss. Listening and learning will help you on the path to financial freedom.