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End Of Financial Year (EOFY) is a busy time for business owners. You’re likely looking to take advantage of the sales season, when customers are primed to spend. At the same time, there’s a long list of tasks every merchant must complete to maintain compliance and get prepared for the new financial year. It’s easy for something to slip through the cracks.
This year, there are also important changes to the Superannuation Guarantee rate and eligibility rules to be aware of. You'll need to mark these dates in your calendar and update your business systems appropriately.
To help your business get ready in the run-up to the new financial year, we’ve prepared a list of essential tasks and deadlines you simply can’t miss, including: