29/05/2026
EOFY is Coming: 10 Smart Moves to Make Before 30 June 📊
The end of financial year is your window to take action — not just lodge and hope for the best. Here are 10 practical moves to help you maximise deductions, stay compliant, and make smarter financial decisions before 30 June:
1️⃣ Prepay eligible expenses
Bring forward costs like rent, subscriptions, or insurance to claim sooner.
2️⃣ Maximise work-related deductions
Only claim what’s directly related to earning your income — and make sure you’ve got evidence to back it up.
3️⃣ Top up your super contributions
Consider concessional contributions to reduce taxable income while boosting retirement savings.
4️⃣ Use unused super caps
If eligible, carry-forward contributions can create valuable tax savings.
5️⃣ Write off bad debts
If an amount is unrecoverable, writing it off before 30 June may allow a deduction.
6️⃣ Review asset purchases
Check eligibility for instant asset write-offs and depreciation benefits.
7️⃣ Reconcile your books
Accurate financials = better decisions and fewer surprises.
8️⃣ Get your records in order
Receipts, invoices, mileage logs — if it’s not documented, it’s not deductible.
9️⃣ Review your structure
Sole trader, company, or trust — the right setup can make a difference at tax time.
🔟 Speak to a professional early
A quick check-in before EOFY can uncover opportunities you might otherwise miss.
The Australian Taxation Office is paying closer attention to deductions and record-keeping — so preparation matters more than ever.
EOFY isn’t just a deadline. It’s a strategy moment.
If you haven’t started yet, now’s the time.