Newsletter - April 2025
In this edition we share news of all the exciting new product releases coming your way soon. We deep dive into what you can claim on tax and what you can't and explore why now might be a good time to look at bigger asset purchases
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We've got a few exciting things to share this month:
You asked, we listened – More invoice customisation options 🙌
We're coming to Tassie – Meet us at Tomorrow Conference
Why now may be the time to look at bigger asset purchases with accountant Lauren Thiel
Why we love sole traders (and they love us back)
What you can (and can't) claim on tax for 2025
More resources to help run and grow your business
👀 Sneak peek: Invoicing upgrade
Keep an eye out over the next few weeks for some huge updates!
The way you create invoices will change a little – the editable version will look different to the preview / final.
Separating these two has allowed us to offer far more customisation options.
👉 Header graphics and new layouts
Add that extra touch to your quotes and invoices with new header layouts and graphics.
👉 More quantity types
Better describe your products or services with +40 new quantity types – including time, distance, volume, weight, and more.
Quantity types will be manageable from the settings page.
You can select which types you need and reorder, so the most commonly used will be the default for new line items.
👉 Updated Stripe Checkout
We’ve improved the experience for clients paying via Stripe, with a more modern design and options for Apple and Google Pay.
👉 Improved UI consistency and accessibility
We’ve made lots of improvements to UI consistency and keyboard accessibility.
Those with many recurring invoices will appreciate the new table layout which makes managing recurring invoices significantly easier.
👥 Meet us at Tomorrow Conference
Our cofounder Oliver Garside will joining the likes of Canva, SharkNinja, and Amer Sports to explore the future of marketing for solo and small business.
You'll also learn how to build a foundation for lasting growth and a strong, values-driven community around your business.
All proceeds go to Vinnies CEO Sleepout, supporting Australians experiencing homelessness and at risk of homelessness.
💡 Tip of the Month with Lauren Thiel, Accountant For Creatives
It’s worth chatting to your accountant before 30 June 2025 about bringing forward any bigger asset purchases.
Right now, the instant asset write-off threshold is $20,000 – so you can (in most cases) claim the full amount in your 2025 tax return.
But from 1 July 2025, that may drop to just $1,000 (subject to the results of the next federal election). This means you'll need to claim it over a few years using regular depreciation rules.
See more advice from Lauren here
❤️ Why we love sole traders
We joined Fi Johnson, charted accountant and co-founder of Ripple Festival, to talk all things sole traders.
From how the community has evolved to why Ripple is creating a festival for sole traders, it’s a conversation you won’t want to miss!
If you missed out, you can catch the replay here.
And why sole traders ❤️ us back:
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Invoicing and accounting software for sole traders. Get paid faster and relax at tax time.
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