End of Financial Year Planning: Three Areas to Review Before 30 June

JUNE 2026

With only a few weeks remaining in the financial year, it is time to review whether there are any opportunities worth considering before 30 June.

Some end of financial year (EOFY) strategies can take time to implement, particularly where processing times, contribution deadlines or purchase lead times are involved. If you have been meaning to review your position, now is the time to start the conversation.

Here are three areas that may be worth discussing with your adviser before the financial year ends.

1. Bringing Forward Deductible Expenses

Depending on your circumstances, bringing forward certain expenses before 30 June may assist with your overall tax planning.

For investors, this may include prepaying investment loan interest where permitted by your lender. In some cases, this can create a deduction opportunity, although the benefits will depend on your personal circumstances and income position.

Business owners may also wish to review any planned expenditure before year end.

Eligible small business entities with aggregated turnover below $10 million may be able to immediately deduct the cost of eligible assets under $20,000 for the income years ending 30 June 2025 and 30 June 2026.

As eligibility requirements can be complex, it is important to seek advice before making purchasing decisions.

2. Reviewing Personal Super Contributions

EOFY can also provide an opportunity to review your superannuation position.

Making personal deductible contributions may help reduce taxable income while boosting retirement savings. However, contribution caps and eligibility rules apply, and contribution processing times should also be considered.

If you are considering making additional contributions this financial year, leaving it until the final days of June may create unnecessary pressure. Starting the process now can help ensure contributions are received before the relevant deadlines.

This can be particularly relevant for clients who have experienced a higher income year, sold assets or are looking to strengthen their long-term wealth position.

3. Considering Charitable Giving

For clients planning charitable donations, ensuring contributions are made before 30 June may allow them to be claimed as a deduction this financial year.

To generally qualify, donations must:

• Be $2 or more;

• Be made to an organisation with Deductible Gift Recipient (DGR) status;

• Be completed before 30 June; and

• Not provide a material benefit in return.

For those already planning to support charitable organisations, now is a good time to finalise those arrangements.

Time Is Becoming a Factor

EOFY planning is about more than simply minimising tax. It is an opportunity to review business performance, cashflow, investment strategies and future goals.

Importantly, some strategies cannot be implemented at the last minute. Super contributions need time to clear, asset purchases may involve delivery or installation delays, and certain planning opportunities require time to assess properly.

If there are actions you have been considering before 30 June, we encourage you to speak with your adviser sooner rather than later to ensure there is enough time to put an appropriate strategy in place. Please contact our team.

This article is general in nature and does not constitute legal, tax, or financial advice. Please consult your professional adviser for guidance specific to your circumstances.

 Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant product disclosure statement (PDS) or other offer document prior to making an investment decision in relation to a financial product (including a decision about whether to acquire or continue to hold).