EOFY tips many business owners miss!

As we head into EOFY, a lot of business owners do the same thing:

They rush to their accountant… and realise they’ve missed a few simple opportunities.

Here are some clever EOFY moves worth considering before 30 June 👇

1. Bring forward major business expenses

If you already know you’ll need it soon, buying before EOFY can help:

• Reduce taxable income this year

• Improve productivity straight away

Common examples include:

• Tools and equipment

• Vehicles or machinery

• Technology, software or office fit-outs

Timing matters more than people realise.

2. Invest in income-producing assets

EOFY isn’t just about deductions – it’s about setting up next year properly.

Assets that help you:

• Generate more revenue

• Deliver work faster

• Or reduce operating costs

often make far more sense than leaving cash idle or paying extra tax.

3. Use finance strategically (not just cash)

One of the biggest misconceptions is that EOFY purchases must be paid in cash.

In reality:

• Business loans can help cover larger upfront costs

• Asset finance allows you to spread repayments while still claiming deductions

• Cash flow stays intact while the business keeps moving

The structure matters just as much as the purchase itself.

A quick check can make a big difference

Before EOFY hits, it’s worth asking:

• Should this be funded or paid outright?

• Is a business loan or asset finance a better fit?

• How does this impact cash flow after EOFY?

👉 If you’d like to explore your business loan options before EOFY, complete you details here for a call back:

https://xpressbusinessloans.com.au/

We’ll help you work out what makes sense – and what doesn’t – before the deadline.

Cheers,

Sam, Matt & Team
​Urbantech Finance

PS. EOFY decisions shouldn’t be rushed – but they do need to be timely. A short conversation now can save a lot later.