EOFY 2025: Essential Tax Tips & Deductible Office Products for Small Businesses

As the end of the financial year approaches, it's crucial for Australian businesses—especially small enterprises—to understand current tax rules and opportunities to maximise deductions. By implementing smart tax-time strategies and investing in deductible products, your business can unlock savings and boost future performance.

Here’s what you need to know about tax deductions, incentives, and the types of office equipment that could benefit your business before 30 June 2025.

Key Tax Deduction Strategies for Small Business Owners in 2025

Maintain Accurate Records

Use the ATO’s myDeductions tool to track expenses, vehicle usage, and work-related purchases. Keep records for at least five years.

Write-Off Bad Debts

Write off uncollectable invoices in your accounts before 30 June to claim a deduction.

Prepay Eligible Expenses

Prepaying certain expenses may entitle you to an immediate deduction, such as:

• Rent
• Phone and internet services
• Insurance premiums
• Professional memberships and subscriptions

Contribute to Superannuation

Ensure super payments are made by 28 July 2025 for the June quarter. For a 2024–25 deduction, pay before 30 June.

Review and Value Your Stock

Write off obsolete or damaged stock. Conduct a stocktake and adjust valuations accordingly.

Enhanced Tax Incentives for 2025

Small Business Skills and Training Boost

Claim a 20% bonus deduction for eligible external employee training if incurred by 30 June 2024.

Small Business Technology Investment Boost

Claim 20% bonus deductions on tech expenses used to digitise your business (eligible through 30 June 2024).

Small Business Energy Incentive

Receive a 20% bonus deduction on eligible energy-efficient equipment and upgrades.

Note: Confirm eligibility with a registered tax agent.

Simplified Depreciation & Temporary Full Expensing

Businesses with turnover under $10 million can immediately deduct assets under $1,000 and use pooled depreciation. Temporary Full Expensing remains available for eligible assets acquired before 1 July 2023.

Popular Office Purchases That May Be Deductible This EOFY

Invest in eligible office essentials that support business operations:

Office Furniture

• Sit-stand desks
• Lockable filing cabinets
• Ergonomic task chairs

Office Technology

• Printers and scanners
• Paper shredders
• Headsets for digital meetings

Kitchen & Break Room Appliances

• Coffee machines
• Fridges
• Microwaves

Stationery & Office Supplies

• Ballpoint pens and highlighters
• Notebooks
• Scissors
• Calculators
• PPE for staff

Tip: Purchases must be for business use and properly documented. Shared-use assets must be fairly apportioned.

Common Operational Deductions to Consider

• Wages and super
• Travel and vehicle costs
• Marketing and advertising
• Business insurance
• Cleaning, repairs, and maintenance

2025 Tax Rates and Offsets

Corporate tax remains at 25% for businesses under $50M turnover. Unincorporated businesses under $5M turnover may access a 16% tax offset (up to $1,000).

What You Can’t Claim

• Private/domestic expenses
• Entertainment (unless FBT rules apply)
• Fines
• Buildings/land (capital works depreciated separately)
• GST amounts if you claim input credits

Final Reminders for EOFY Readiness

• Check eligibility on the ATO’s business deductions guide
• Consult a registered tax agent for tailored advice
• Finalise deductible purchases by 30 June 2025

Stay EOFY-Ready with Mega Office Supplies

Explore our wide range of office furniture, tech and supplies—many of which may qualify as deductible business expenses. Shop smart and set your business up for the year ahead!