As the End of Financial Year approaches, now is the ideal time to take action and make sure you’re not paying more tax than necessary. Whether you’re a business owner, investor, or employee, understanding what you can claim—and what strategies apply to your situation—can significantly reduce your tax bill and put more money back in your pocket.

At Supervision Group, we help Australians take control of their tax and make smart financial decisions that are fully compliant with ATO regulations. Here’s how you can make the most of the 2025 financial year.

Why Tax Planning Matters

This isn’t just about compliance—it’s about making the most of every dollar you earn. Acting before 30 June allows you to:

• Legally reduce your tax bill
  

• Boost your refund
  

• Improve cash flow for your business or household 
• Stay ahead of ATO rule changes

Many taxpayers miss valuable opportunities each year simply because they don’t take action in time. With a few timely steps, you could keep thousands more in your hands—not the ATO’s.

Smart Ways to Save Tax in 2025

1. Claim All Eligible Work-Related Deductions
   If you’ve spent money on work or business-related expenses, you might be entitled to deductions. Common claims include:

• • Work-related travel, uniforms, tools, and equipment
    
  • Home office costs for remote workers
    
  • Training and education directly linked to your job
    
  • Professional memberships and subscriptions 

2. Make the Most of Your Super
   Contributing to your super before EOFY can lead to powerful tax savings while growing your retirement fund.

• • Concessional contributions (up to $30,000 in 24/25FY)
    
  • Catch-up contributions using unused caps from previous years
    
  • Spouse contributions for additional tax offsets 

3. Prepay Deductible Expenses
   Bring forward deductible expenses can help reduce your taxable income this year. Consider prepaying:

• • Business-related rent, insurance, or utilities
    
  • Loan interest on investment properties
    
  • Professional services or subscriptions 

4. Access Small Business Tax Breaks
   If you run a business, don’t miss out on concessions such as:

• • Instant Asset Write-Off for eligible purchases
    
  • Lower tax rates for small businesses
    
  • Simplified depreciation rules 

5. Manage Capital Gains Before EOFY
   If you’ve sold shares, property, or business assets, now’s the time to review the tax impact.

• • Hold assets over 12 months to access the 50% CGT discount
    
  • Use capital losses to offset gains
    
  • Consider deferring asset sales until the next financial year 

Your EOFY Tax-Saving Checklist

✅ Review your income, expenses, and deductions
✅ Top up your super to lower taxable income
✅ Prepare trust distributions in line with ATO guidance
✅ Check for business concessions and deductions
✅ Time asset sales to minimise CGT
✅ Book a pre-30 June tax strategy session with our team

Take Action Before 30 June

The earlier you act, the more you can save. At Supervision Group, we’ve helped hundreds of individuals and businesses make smart, legal decisions to cut their tax bills and grow their wealth.

📩 Ready to get started? Contact us today or book your tax strategy session before it’s too late.