Written by Scott Clegg - Business Manager

Looking Ahead and planning for the 2026 Financial Year

Proactive Steps for PAYG Employees, Small Business Owners, and Families

Now that the 2025 Financial Year has passed, it’s the perfect moment to look forward and set yourself up for success for the 2026 Financial Year. Whether you’re a PAYG employee, a small business owner, or managing family finances, taking action early in the new fiscal year will ensure a smoother, less stressful transition when June 30th, 2026 arrives.

This is an ideal time to reflect on the lessons learned over the past year and to put new systems in place for better financial management. For PAYG employees, consider establishing a routine for tracking work-related receipts and identifying potential deductions throughout the year, rather than waiting until tax time. This ongoing organisation can help maximise your future tax return and reduce last-minute pressure.

Small business owners are encouraged to review their financial processes now; update your record-keeping, monitor cash flow regularly, and start strategising for tax minimisation opportunities well in advance. By staying engaged with your accountant or financial advisor, you’ll be better positioned to take advantage of small business concessions and stay compliant with the latest ATO guidelines.

It’s also a great period to consider long-term financial health; make regular superannuation contributions, set savings goals, and ensure that your financial decisions today support your future ambitions. Proactive preparation isn’t just about ticking boxes for the tax office, it’s about creating clarity, confidence, and security for yourself, your business, and your family.

Thank you for your continued support and commitment to our community. Let’s use this fresh start to plan, organise, and work together toward a rewarding and successful 2026 Financial Year.