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30 July 2025

EOFY is over.

But what did it really tell you about your business?

EOFY is over.

You probably felt it. That EOFY scramble.

A stack of receipts. A few panicked emails to your accountant. A last-minute super transfer that may or may not clear in time. Maybe you told yourself, "Next year will be different." Maybe you’ve said that before.

But here’s the thing. The end of the financial year isn’t just about ticking boxes or avoiding ATO trouble.

It’s a mirror.

It shows you what’s working in your business and what’s not.

And if you know how to look, EOFY can be the most powerful performance review you get all year.

It’s not just about tax. It’s about control.

If tax time made you feel reactive, disorganised, or uncertain, that’s not just an admin issue. It’s a systems issue. A visibility issue. A leadership issue.

Let’s break it down.

EOFY might have exposed that:

  • Your books weren’t up to date, so you couldn’t make smart tax decisions
  • You rushed to pay super and lost a deduction because it didn’t clear in time
  • You couldn’t confidently explain what you claimed, and that’s a red flag
  • You got your tax bill after it was too late to change anything
  • You felt totally in the dark about where your business stands financially

These aren’t isolated problems. They are signs your business is running with cracks beneath the surface.

And those cracks don’t fix themselves.

Here’s what EOFY is trying to tell you

  • You’re leaving money on the table through missed deductions, poor planning or inefficiencies
  • You’re at risk of compliance trouble, especially if you’re under QBCC, ASIC or ATO scrutiny
  • Your support systems aren’t proactive, and your accountant should be helping you stay ahead, not just filing forms

Most importantly, it might be telling you this: you don’t have the visibility you need to run your business with confidence.

So what do you do now?

You fix it. Before another year passes.

Start with a post-EOFY review Sit down with someone who understands your industry. Ask the hard questions. Find the gaps. Fix them early.

Review your super and tax setups Make sure you’re claiming what you’re entitled to. And that you’re structured the right way to protect your business and your future.

Upgrade your systems If your software is clunky or underused, now’s the time to sort it out. We use Xero every day. Not just for our clients but in our own business. It works when it’s set up right.

Work with people who get your business Not every accountant understands the day-to-day pressures of trade, construction or running a growing business in regional Queensland. We do. And it makes a difference.

EOFY isn’t the end. It’s the beginning.

It’s the perfect moment to take back control. Not just of your finances. But of your time, your peace of mind and your business trajectory.

So ask yourself: what did EOFY show you?

And more importantly, what are you going to do about it?

Let’s get your business sorted and keep it that way. 📞 07 5409 2300 ✉ info@ftaaccountants.com.au Based across Sunshine Coast, South Burnett, South West Queensland, and North Lakes.

FTA Accountants Forward Think & Achieve.

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Future-Ready Accounting with FTA Accountants

At FTA Accountants, we believe in one simple but powerful idea: making your financial journey clear, achievable and future-focused. Our mantra is “Forward Think & Achieve”.

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