At Rubiix, we work with hundreds of clients across various industries, and we’ve seen what works. Our Smart Tax Planning Guide is designed to help you take control of your tax obligations, unlock eligible deductions, and plan with confidence.
In this article, we’ll highlight key tax planning strategies from the guide and explore how to make the most of the end of financial year planning period.
Small business tax in Australia is often complex. However, planning early and strategically can make a significant difference in your bottom line. Smart tax planning isn’t just about minimising your tax bill - it’s about making informed decisions to support the growth and sustainability of your business.
The Australian Taxation Office (ATO) provides a range of incentives and deductions that can benefit businesses, but many go unclaimed due to lack of awareness or poor record-keeping. That’s why being proactive is essential.
👉 Download the Smart Tax Planning Guide here
Here are several important tax tips for Australian business owners to consider before the financial year ends:
Keeping thorough records of business expenses throughout the year can help you claim legitimate business tax deductions. These may include operating costs, professional services, home office expenses, depreciation, and even some pre-paid expenses.
Make sure all expenses are properly documented and relevant to your income-generating activities.
The R&D tax credit in Australia is an often under-utilised opportunity for innovation-focused businesses. If your business is involved in research or experimental development, you could be eligible for a refundable tax offset. This can provide a welcome cash flow boost, especially for startups and growing enterprises.
Paying employee or personal superannuation contributions before 30 June can deliver tax advantages. Contributions must be received by the fund before the deadline to be deductible in that financial year, so timing is key.
Take advantage of asset write-off thresholds and depreciation rules. If you purchase eligible business assets before 30 June, you may be able to claim an immediate deduction. This supports investment in equipment and infrastructure while reducing taxable income.
Your business structure - whether it’s a sole trader, company, trust, or partnership - can influence your tax obligations. As your business evolves, it’s important to assess whether your current structure still supports your financial and operational goals.
The lead-up to the end of financial year is the ideal time to engage with your accountant and ensure your affairs are in order. Last-minute decisions often lead to missed opportunities or costly mistakes. Our guide covers not just what to do, but when and how to do it.
Planning early also opens up opportunities to forecast for the next financial year, optimise your cash flow, and set clear financial goals.
Whether you’re a startup, established SME, or looking to scale, Rubiix’s Smart Tax Planning Guide provides practical, easy-to-follow advice tailored for Australian businesses of any size.
👉 Download the Smart Tax Planning Guide here
This guide has been developed to help you:
Inside the guide, you’ll find:
It’s an essential tool for business owners who want to take control of their tax position, reduce stress, and improve overall financial health.
👉 Download the Smart Tax Planning Guide here
Want to learn more about how Rubiix can support your family or business goals? Leave a comment or follow us on LinkedIn to keep the conversation going. We regularly share practical advice, tax updates, and insights to help Australian businesses - like yours - thrive.
A strong tax strategy is about more than ticking boxes. It’s about using the tools available to build a healthier, more resilient business.
If you’d like tailored advice on tax planning strategies or support preparing for the end of financial year, reach out to the team at Rubiix. We’re here to help you grow with clarity, confidence and compliance.