Planning is not just about reducing tax
The end of the financial year is one of the most important times to review tax obligations, investment structures, business performance and planning opportunities.
This guide helps individuals, property investors, business owners and professionals prepare before 30 June. Effective year-end planning improves financial clarity, manages compliance risk and ensures your affairs are structured appropriately for long-term success.
Year-end tax planning toolkits
Choose the toolkit that matches your situation.
Why year-end tax planning matters
Many taxpayers only start thinking about tax after the year has ended — when some opportunities are no longer available. A proactive review before 30 June can identify:
For individuals
Employees, contractors, professionals and taxpayers with multiple income sources benefit from reviewing income, deductions and records early. Deductions must be supported by proper evidence.
For property investors
Rental income, loan interest, repairs, depreciation, refinancing and capital gains can all affect the final position. A review is also a chance to check whether your ownership structure still suits your goals.
For business owners
Use EOFY to review profitability, compliance, cash flow and tax planning, and to make sure records are complete. From 1 July 2026, employers also need to prepare for Payday Super.
For SMSF trustees
Contribution caps, pension requirements and investment strategy obligations all affect compliance. Confirm current ATO limits before making decisions.
Common year-end mistakes
Most problems come from leaving planning too late.
Not sure which toolkit applies?
Individual taxpayer?
Toolkit for Individual Taxpayers
Property investor?
Toolkit for Property Investors
Business owner?
Toolkit for Business Owners
SMSF trustee?
Speak with an adviser before 30 June
Running a trust or company?
Confirm distributions and reporting early
Frequently asked questions
Reviewing income, expenses, deductions, investments, business records and compliance obligations before the financial year ends on 30 June.
Some tax decisions must be made before 30 June. Early planning helps identify deductions, manage compliance risk and prepare for a smoother lodgement.
Individual taxpayers, property investors, business owners, SMSF trustees and professionals who want to prepare for EOFY more effectively.
No. It provides general information only. Obtain personalised advice before making tax, investment, business or superannuation decisions.
Well before 30 June, allowing time to review records, identify issues and seek advice.
Receipts, invoices, bank statements, rental statements, loan interest summaries, payroll and super records, BAS reports and investment income details.
The information on this page is general in nature and does not consider your personal objectives, financial circumstances or individual tax position. Tax laws, superannuation rules and lending conditions can change. Obtain advice from a qualified adviser before making decisions about tax planning, property investment, SMSFs, business structures, refinancing, asset protection or retirement planning.