Every June This Happens, Yet It Comes as a Surprise. Why?
From Prosperity on the Horizon by Julianna Nagy
June 8, 2026 · 20 min · Episode 120
About this episode
Julianna discusses essential actions and deadlines for businesses at the end of the financial year, emphasizing the importance of accurate bookkeeping.
Julianna explains what matters at the end of the 2026 financial year and what is time sensitive before 30 June. She outlines two key actions that must happen before year end: business purchases must be bought, paid for and ready for use to claim deductions; and June quarter super must be received by the fund before 30 June to be deductible. She stresses that the most valuable step is having books as complete and accurate as possible, because year end is not only about compliance but also about getting a clear picture of profitability, pricing, expenses and decision making. She then covers July deadlines: STP finalisation, payroll tax annual reconciliation, June quarter super and the April–June BAS. She shares practical fixes (reconcile accounts, categorise transactions, remove personal items, review reports) and promotes a free checklist and the Finish Strong workshop on 16 June. 00:00 Year End Overview 01:43 June 30 Must Dos 02:18 Purchases And Super 03:58 Books Before Deadline 04:38 Year End Beyond Tax 06:51 July Compliance Timeline 09:23 Tidy Your Books Fast 12:10 Fresh Start Foundation 13:34 Finish Strong Resources 14:59 Key Takeaways Wrap Up 15:53 Next Episode And Goodbye If…
People in this episode
Host: Julianna Nagy
Topics covered
- financial year end
- business purchases
- superannuation
- compliance
- accounting practices
- profitability
Keywords
- financial year end
- business purchases
- superannuation
- deductions
- account reconciliation
- EOFY checklist
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