In the lead up to the end of the financial year, Xero has shared a handy EOFY Payroll Checklist to help you remember what to review, report on and reconcile to lodge your STP finalisation declaration on time. This is a great resource, which we encourage you to download to make your EOFY Payroll Processing as stress free as possible.
Your tax plan shouldn’t be “set and forget.” Just as your life shifts — from studying and working your first job, through buying property, raising a family, running a business, and eventually retiring — your tax opportunities and obligations evolve too.
A proactive financial check-in early in the year can completely change how the next 12 months unfold. Instead of scrambling at BAS time or feeling blindsided at EOFY, you’re making informed decisions with confidence.
A new financial year has a way of sneaking up on you. One minute it’s EOFY paperwork, the next you’re staring down twelve fresh months wondering where to start. The good news? A few smart moves now, a look back, tidy records, a couple of numbers worth watching, can make the whole year feel clearer and calmer.
Profit and cash aren’t the same thing and plenty of profitable businesses still get caught short. A simple cash flow forecast helps you see the tight months coming so you can plan around them, not panic through them. Here’s how to build one for the year ahead
