• Pay Superannuation Guarantee Payments early (before June 30)
• For Trusts: distribute funds to eligible recipients who are taxed less
• For Companies: as above
• Review your business structure
• Review “immediate write off” items-up to $150,000 for small and medium sized businesses
• Write off unrecoverable bad debts
• Stock: Stocktake and write off any lost, damaged or obsolete stock
• Stationery: Stock up and pay for it before June 30.
• Review: Insurances and pre-pay before June 30
• Superannuation: consider personal contributions, salary sacrifice arrangements, spouse contributions.
