The rush toward end of financial year is on us - here are a couple of important things to consider at this time:

Maximise your Super

• One key opportunity in your superannuation strategy is to make the most of your Concessional Contributions - but get them in before 23 June 2025 to ensure they're processed in time.
• Another valuable opportunity is the carry-forward contributions - remembering that unused cap amounts from the 2019-2020 FY will expire after 30 June 2025 - so this is your last chance to use them.

Take Advantage of the $20,000 instant asset write-off before 30 June 2025

• If you're a small business owner, now is the time to consider investing in new equipment or assets. The $20,000 instant asset write-off has been extended for the 2024–25 financial year — but it expires on 30 June 2025 and there is currently no confirmed extension beyond this date.
• This applies to assets that are first used or installed ready for use between 1 July 2024 and 30 June 2025.

For more, see our attached information, or, call the office - 3391 7566