SPASA

Tips and Tricks for EOFY

June 19th, 2026

Get tax ready with industry tips 

The Australian Taxation Office (ATO) offers occupation specific guidance for almost every line of work. Use these resources to understand: 

  • deductions you can claim 

  • income you need to declare 

  • records you need to keep. 

Find out more about at ato.gov.au/Taxtools4Tradies

ATO's 2026 Tax Time toolkit 

The ATO has also launched the more general 2026 Tax Time toolkit for small business. Get prepared and lodge with confidence. It’s a simple, practical resource with essential tools, calculators and guidance, covering everything from expenses to closing a business. 

Explore the toolkit: Tax Time Toolkit 

 End of financial year checklist 

EOFY is an important time for your business. You'll need to finalise invoices, review your spending and get your records in order, then take a moment to reflect on what worked and where you can improve. Business.gov.au has provided a checklist to help you wrap up this year and start the next strong. 

Investigate the checklist: End of Financial Year Checklist 

ATO's Tips for the new financial year 

With the end of the financial year around the corner, this also means the new financial year is almost here, so now is the perfect time to reset and refocus. With a few smart moves like staying on top of your cash flow and planning ahead, you can feel more in control and ready for what’s next. Are you game?   

Explore the tips: Score Big In The New Financial Year 

splash26-banner-2.png
spasa-choose-a-spasa-member.png
spasa---web-banners---irlearning.png
Subscribe to SPASA today
Get the latest updates direct to your inbox.