Accounting, Advisory, Business, Planning, Self employed, Tax / Compliance
2026 planning, accounting tips, ASIC obligations, ATO compliance, Australian business, budgeting, business advisory, Business finances, business growth, business strategy, business structure, cashflow management, end-of-year planning, financial health check, forecasting, small business, SME support, tax planning, year-end review
Closing Out the Year with Confidence: Key Steps for Australian Businesses
By Kellie Lethbridge
11 December 2025
As 2025 wraps up, many Australian businesses are turning their attention to planning, compliance and preparing for the year ahead. The end of the year is more than a time for reflection—it’s an opportunity to strengthen your financial position, improve management practices and set a clear path for 2026.
At Qubed Advisory, we work closely with SMEs, sole traders and growing enterprises to help them navigate these busy months with clarity and confidence. Here are the key areas to focus on as you finalise 2025 and get ready for the new year.
1. Review Your Financial Health
A comprehensive end-of-year review helps identify missed invoices, unpaid bills, cashflow issues and potential risks. For many businesses, this check forms the foundation for stronger financial decision-making in the year ahead.
2. Prepare for Key ATO and ASIC Requirements
Australian businesses face a variety of compliance obligations—from BAS and PAYG to updating business registers and ensuring director IDs are up to date. Reviewing your obligations now can prevent last-minute pressure in the new year.
3. Strengthen Cashflow and Budgeting for 2026
With cost pressures, shifting market conditions and interest rate fluctuations affecting Australian businesses, strong budgeting is essential. Forecasting helps you plan for staffing, investment and operational needs with more certainty.
4. Consider Your Tax Position Early
End-of-year planning is the ideal time to review deductions, asset purchases, super contributions and trust distributions. Getting organised early ensures you maximise your tax position and avoid unnecessary stress at year-end.
5. Review Your Business Structure and Strategy
As your business evolves, your structure should support—not limit—your growth. Whether you’re considering a company restructure, succession planning or operational changes, the new year is a strategic time to reassess.
We’re Here to Support You
The Qubed Advisory team understands the pressures that come with running a business, particularly during the busiest time of the financial year cycle. Our advisors are here to provide clear, practical and proactive guidance to help you start 2026 on strong financial footing.
If you’d like support with planning, forecasting, compliance or a general financial health check, we’d be glad to assist.
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