Guides
Eight notes, in order
Start with the checklist, then the write-off, the first-use rule, the pool, Payday Super, the dates, deductions, and software questions.
- EOFY Checklist 2027 for Australian Small BusinessA general end-of-financial-year checklist for sole traders and small businesses before 30 June 2027, with ATO dates and what we could not verify.
- Instant Asset Write-Off 2026-27: $20,000 Now LawThe ATO says the $20,000 instant asset write-off is now law from 1 July 2026 for businesses under $10 million turnover. What it covers and the limits.
- Asset First Used Before 30 June 2027: Worked ExamplesFor the instant asset write-off the asset must be first used or installed ready for use in the year. Made-up examples around 30 June 2027.
- Small Business Pool vs Instant Asset Write-OffHow the ATO describes the small business simplified depreciation pool (15% then 30%), pool balances under $20,000, and the 5-year re-entry suspension.
- Payday Super for Small Business: What Changed 1 July 2026Payday Super means super guarantee must reach the fund within 7 business days of payday. What the ATO says about 12%, qualifying earnings and the SBSCH.
- Key Dates 2026-27: BAS, STP Finalisation, TPARATO dates for quarterly BAS, STP finalisation and TPAR, with the weekend rule. Weekday shifts we inferred are marked uncertain.
- EOFY Deductions Checklist for Sole TradersA general list of things to review before 30 June 2027: assets, stock, bad debts, prepayments and super. What we verified and what we did not.
- Accounting Software for EOFY and Payday SuperWhat to compare when choosing accounting or payroll software for EOFY and Payday Super. Affiliate links are not active.
- GST Registration: $75,000 Threshold and the 21-Day RuleATO: register for GST within 21 days once turnover reaches $75,000, or if you drive for ride-sourcing. How turnover is counted and backdating.
- Cents Per Kilometre: Sole Traders, 5,000 km, 88c RateATO: sole traders can claim up to 5,000 business km per car at a set rate (88c for 2025-26). No receipts, but keep diary records. Logbook above that.
- Working From Home: 70c an Hour Fixed Rate for 2025-26ATO fixed rate method: 70 cents per hour worked from home for 2025-26. What it covers, the hours record you need and what it doesn't cover.
- Tax Return Due 31 October 2026? Agent Dates and PaymentATO: lodge your own 2025-26 return by 31 October; a registered agent can lodge later if you engage them before. Agent program dates and when tax is due.