Tax Brief June 2025: From Bad Debts to Business Sales — What Matters Now
For business owners, increased scrutiny and evolving rules make diligent preparation more important than ever.
With 30 June fast approaching, the financial year-end is a critical time to focus on what matters most for your business. Beyond compliance, it’s about taking timely steps to optimise your position and prepare for what lies ahead.
At MGD, we know the tax landscape is continually changing, and the ATO’s expectations are evolving. This month’s tax brief highlights practical actions you can take now—from managing deductions to addressing trust and loan requirements—to help you finish the year strong and compliant.
Download the Briefing
You can access our full June 2025 tax briefing below, which covers business considerations in greater detail.
Discipline, Documentation and Direction Beyond June
While there is still scope to optimise outcomes before year-end, the broader message is one of year-round discipline. The ATO has made clear that expectations around governance, documentation, and intent are rising.
If you'd like to discuss the implications for your financial position or year-end strategy, please reach out to your MGD team or start the conversation.
Any advice included in this article is general and has been prepared without taking into account your objectives, financial situation, or needs. As such, you should consider its appropriateness having regard to these factors before acting on it. Any tax information refers to current laws, is not based on your unique circumstances and should not be relied on as tax advice.
