June 30 is six weeks away. For Werribee small business owners running cafés, trades, professional services and retail, the next month and a bit is when most of the year’s tax savings get locked in, or quietly miss the cut-off.
Most accountants say the same thing every year: the businesses that pre-plan their EOFY tend to come out ahead by a few thousand dollars compared to the ones who scramble in late June.
This guide pulls together five EOFY moves worth working through over the next four weeks. None of it is tax advice. Talk to your accountant for anything specific to your situation. But the categories below are where most small-business savings tend to come from.
1. The instant asset write-off
The instant asset write-off remains the biggest single lever for most Australian small businesses with turnover under $10 million. The threshold for the 2025-26 financial year sits at $20,000 per asset, applied per item rather than per business.
That means a $19,000 ute, a $4,500 espresso machine, a $1,200 trade tool and a $700 office chair can each be fully deducted in the year they were first used, or installed ready for use, before June 30.
A few practical notes for the next month:
The asset has to be in use or installed ready for use by June 30, not just ordered. If your supplier cannot deliver in time, you cannot claim it this financial year.
Each individual asset has to come in under $20,000 (excluding GST if you are registered). A $25,000 piece of kit cannot be split into two $12,500 invoices to qualify.
The car limit for passenger vehicles applies separately. For most utes and vans used wholly for business, the full deduction works as expected.
2. Prepay deductible expenses
Small businesses can prepay deductible expenses up to 12 months in advance and claim them this financial year, provided the period covered ends before June 30, 2027. The classics:
- Rent on commercial premises (some landlords will accept a year prepaid for a small discount, which doubles the win)
- Software subscriptions (annual billing usually unlocks a 15 to 20 per cent saving on top of the deduction)
- Insurance premiums (professional indemnity, public liability, contents)
- Professional memberships and industry association fees
For a Werribee café, restaurant or service business with regular recurring overheads, this is often where the biggest legitimate deductions sit. Worth asking your bookkeeper or accountant to map your annual recurring expenses against what is prepayable.
3. Stocktake and bad debt cleanup
Two clean-up jobs worth doing before June 30:
Stocktake. If your business holds inventory, the value of trading stock on hand at year-end affects your taxable income. Writing down obsolete or unsellable stock to its lower of cost or market value can produce a real deduction. This is mostly relevant for retail and hospitality.
Bad debts. Any invoices that have been outstanding long enough to genuinely be uncollectable, and that you have actively tried to recover, can be written off as bad debts before June 30. The debt must be written off in your books in this financial year for the deduction to apply.
Both of these take a couple of hours with your bookkeeper and tend to be the most overlooked.
4. Refresh marketing collateral for the new financial year
This one is less about deductions and more about momentum.
Most small businesses start the new financial year with the same printed marketing they had in the last one: outdated business cards, brochures with last year’s pricing, flyers that mention promotions that have ended, signage with old phone numbers.
The case for refreshing in late June rather than July is straightforward. Printing is fully deductible as an operating expense, so the spend lands in the financial year you are closing rather than rolling into the new one.
It also means you start the new year with current materials in hand, rather than ordering in week three of July when you are already chasing the next thing.
The categories worth a refresh:
- Business cards, especially if pricing or job titles have changed
- Flyers and brochures with current pricing and current offers
- Postcards or thank-you cards for client retention through the back half of the year
- Signage if anything has shifted (new phone number, new address, new opening hours)
If you are looking at a print run this side of EOFY, Space Print’s EOFY 15% offer is running until June 30 with the code EOFY15 at checkout.
It applies across business cards, flyers, brochures, postcards and signage, which covers most of what a Werribee small business actually orders. The spend qualifies as a deductible operating expense this financial year.
5. Superannuation contributions
Two superannuation moves worth checking with your accountant:
Employee super. Quarterly super for the April-to-June quarter is normally due July 28. But if you pay it by June 30, you can claim the deduction in this financial year rather than waiting. The payment has to be received by the fund (not just sent) by June 30, so allow a week for clearance.
Personal super. If you make personal concessional contributions to your own super before June 30, you can lodge a notice of intent to claim and reduce your taxable income. There are caps and rules around this, and the unused concessional cap from prior years can sometimes be carried forward. Talk to your accountant before sending anything.
A four-week run-up
If you want a simple way to sequence the next month:
- Weeks one to two (late May): confirm what assets you want to buy and place orders so suppliers can deliver by June 30. Identify what you can prepay.
- Week three (early June): stocktake, bad debt write-offs, marketing refresh orders go in.
- Week four (mid June): super contributions paid with enough margin to clear by June 30. Final invoices processed.
- Final week (late June): confirmations and reconciliation. Anything not done by this point will roll into the next financial year.
The Werribee businesses that ride EOFY well tend to be the ones who started the prep in late May, not the ones who realised on June 25. Six weeks is enough time. Three weeks is not.
 and Australian businesses with turnover under $10 million. Assets up to $20,000){kind=link}