Posts tagged "2022 eofy"

As we race towards June 30, all thoughts start turning to tax refunds and deductions.

The end of the financial year is just a couple weeks away, but there’s still time to boost your cash flow and maximise your tax refund — or at least minimise your bill. 

Business owners place a high priority on optimising cashflow — often with less consideration and effort given to minimising and managing their tax liability.

For businesses, the end of financial year (EOFY) can seem a little like high school exams: you’ve had all year to prepare, and yet as the deadline approaches, you realise how much more work there is to do. Tax obligations, deductions, superannuation payments and sorting through records can be enough to stress out even the best of us, but it doesn’t have to be difficult.

This update will cover three key areas of business to keep a closer eye on, and how they might influence your plans as we head into the busy end of financial year period.

To take the heat off EOFY, we’ve crafted a short guide that will help you get your tasks done faster. Time to get your ducks in a row and tick tax time off now, so you can get back to growing your business.