As June 30 approaches, many Australian small and medium businesses are focused on tax compliance and reporting. But for savvy operators, the end of financial year (EOFY) is more than just a deadline—it’s a strategic opportunity to reassess finance structures, unlock growth, and position for the year ahead.
At Moneytech, we work closely with SMEs across industries like construction, transport, and agriculture, helping them leverage asset finance not just for tax benefits, but as a tool to improve cash flow, upgrade equipment, and stay competitive in a fast-moving market.
Why EOFY Matters for Asset Finance
EOFY is a prime time to invest in new assets, especially with the Federal Government’s $20,000 Instant Asset Write-Off still in play. Eligible businesses with turnover under $10 million can claim an immediate deduction on the full cost of each qualifying asset under $20,000—provided it’s first used or installed by 30 June 2025.
But this generous threshold is changing. From 1 July 2025, the write-off drops to just $1,000. That’s a major shift in tax policy, and it creates a narrow window for SMEs to act before the current benefit disappears.
“Time is running out to take advantage of this write-off before it effectively disappears,” says Reece Ketu, Moneytech’s Head of Group Sales & Distribution. “For many SMEs, this may be the last chance to maximise tax outcomes while upgrading essential assets.”
Beyond Tax: Finance That Fuels Growth
EOFY isn’t just about deductions—it’s about making smart decisions that support long-term business health. With rising costs, credit constraints, and supply chain delays, many businesses are turning to non-bank lenders like Moneytech for flexible finance solutions that align with their cash flow and growth plans.
“Businesses need the ability to move quickly when the right asset becomes available,” says Ketu. “We’re seeing growing demand for tailored finance that supports broader capital needs—not just machinery or fleet.”
Tradies Accountants Partner Bryn Harwood agrees, noting that many construction and trade clients are under pressure. “High interest rates and slow payers have led to hesitation around equipment purchases. Some are waiting for rates to drop, but that delay could cost them valuable deductions and productivity.”
Strategic Finance for a Competitive Edge
In today’s environment, SMEs need to think beyond short-term fixes. That means reviewing existing finance arrangements, renegotiating outdated terms, and structuring finance to match seasonal income or project timelines.
“Don’t just focus on what you need to buy,” says Ketu. “Ask whether your current finance terms are still competitive. Is your old equipment costing you more than it’s worth? Refinancing could unlock cash and efficiency without large upfront investment.”
Harwood adds that finance structures must be tailored to each business. “A one-size-fits-all approach doesn’t work—especially in industries like construction where compliance, labour costs, and project timelines vary widely.”
Planning Ahead with Purpose
EOFY is a catalyst, but smart operators treat finance as an ongoing strategic lever. Done right, asset finance can reduce tax, improve productivity, and strengthen your position to scale.
With just weeks to go, now is the time to ask:
- What assets need replacing or upgrading?
- Are current finance terms aligned with business goals?
- Can we structure finance more strategically to support growth?
At Moneytech, we’re here to help you make EOFY a turning point—not just a compliance exercise. Whether you’re looking to upgrade equipment, preserve cash flow, or explore smarter finance options, our team is ready to support your next move.