With less than two months until 30 June, the window for meaningful tax planning for small businesses is narrowing. These are the five areas that consistently deliver the most material outcomes for businesses with turnover under $10 million.

The instant asset write-off threshold drops from $20,000 to $1,000 on 1 July 2026. For business owners weighing a purchase before 30 June, the arithmetic of the write-off changes significantly after that date.

From 1 July 2026, employers must pay superannuation at the same time as wages. For most businesses, the operational consequence is straightforward: super must now be funded from operating cash flow on every payday, not quarterly. The preparation required is real.

Trust distribution resolutions prepared after year-end — even where the underlying decision was sound — can be declared invalid by the ATO. The Goldenville case illustrates what that costs.

Buyers of luxury vehicles for business use frequently overestimate the tax deductions available to them. The rules that apply are specific, the thresholds are updated annually, and the cost of misunderstanding them is quantifiable.