when does eofy start

Ah, the EOFY—the magical time when accountants get busy and Aussies start dreaming of tax returns. The EOFY, or End Of Financial Year, officially starts on 1st July and runs through to 30th June the next year. This is the date that marks the closing of the financial books for individuals and businesses here in Australia. So, if you’ve been squirreling away receipts and dodgy invoices, now’s the time to get them out.

Keep an eye out for the tax deadlines shortly after 30th June, but the EOFY itself kicks off on 1st July sharp.