EOFY

EOFY Archives

Accounting mistakes: where your small business is going wrong

Falling behind on paperwork is one of the most common mistakes SME owners make and if you fall behind on billing you may...

‘Receipt regret’ costing SMEs millions in lost potential revenue

Almost a quarter of respondents, 24 per cent, said they have been unable to claim a business expense in the past due to ...
economy, return to work, red tape, burdened, well-being, burnout, productivity, mental health

EOFY causing stress and mishaps among small businesses

The majority of small-business owners say that the idea of EOFY being 'just a one-day event' is a misconception.
data privacy

COSBOA and MYOB urge small businesses to be extra vigilant during EOFY hacking season

Cyber Wardens has launched a free guide, a quick-reference tool that educates small businesses on the scams prevalent at...
end of financial year

Six tax tips for your small business this EOFY

Good record-keeping is your best friend for efficient business management and will also make life easier if the ATO asks...

Four ways to reduce your business tax bill this EOFY

Small businesses can pre-pay up to 12 months of certain deductible expenses before EOFY (such as rent, subscriptions and...

Businesses urged to ‘get their houses in order’ for EOFY

EOFY is noted to be a challenging time, even for businesses that are doing, well so taking stock of the business's finan...

Finish the financial year with a bang! EOFY marketing strategy planning to boost your sales

Promoting and listing eCommerce through social media apps such as Instagram and TikTok is a proven strategy to boost sal...
end of financial year

How to make EOFY less stressful for your small business

Having a good understanding of the kinds of expenses you can claim as tax deductions has the potential to cut your tax b...

Small-business owners approaching EOFY with anxiety

The research reveals that many Aussies think they should be able to claim for additional "domestic" expenses due to the ...