Industry-Specific Deduction Strategies from Numble
At Numble, we know that the end of financial year (EOFY) isn’t just about compliance, it’s an opportunity to make smart purchasing decisions that reduce your taxable income while strengthening your operations for the new year.
Different industries have different needs, and each sector has opportunities to invest in deductible assets, equipment, or services before June 30. If you’re unsure what you can and should buy to maximise your FY25 tax deductions, this guide is for you.
Let’s take a closer look at tailored EOFY spending strategies by industry, all fully compliant with ATO deduction guidelines.
🧒 Childcare & Early Learning Centres
Common Purchases Before EOFY:
- New or replacement learning resources (books, toys, craft supplies)
- Indoor and outdoor playground equipment
- First aid kits, safety upgrades, and defibrillators
- Cleaning and hygiene supplies in bulk (wipes, gloves, sanitisers)
- Professional development for staff (first aid, child safety, NQS training)
- Office and admin equipment (printers, tablets, staff laptops)
Why It Works: These items are fully deductible in the year of purchase if classified as consumables or under the instant asset write-off cap (currently $20,000 per asset). Prepaying annual subscriptions (e.g., music licensing, childcare software) may also be deductible this financial year.
Numble Tip: Schedule a fixed asset review and depreciation check to determine which purchases fall under immediate deduction vs long-term depreciation.
Learn more about our childcare bookkeeping solutions.
🧓 Aged Care & Disability Support (NDIS)
Common Purchases Before EOFY:
- Medical-grade mobility equipment (wheelchairs, hoists, walkers)
- Vehicle modifications or fit-outs for transport services
- Technology upgrades for admin and rostering (tablets, client management systems)
- PPE and medical consumables (masks, gloves, thermometers)
- Training costs for compliance (manual handling, medication administration)
- Staff uniforms or clothing with business logo (must meet ATO criteria)
Why It Works: Much of the spending in this sector falls under eligible health-related and operational categories. Under ATO rules, work-related uniforms and equipment are deductible where correctly branded and not suitable for everyday wear.
Numble Tip: Pay superannuation early for staff working under SCHADS Awards to bring forward deductions into FY25.
View Numble’s aged care bookkeeping services.
🛠️ Construction & Trades
Common Purchases Before EOFY:
- Tools and equipment under $20,000 per unit (drills, saws, ladders, compressors)
- Ute trays or racking systems for vehicles
- Safety gear: steel-capped boots, hard hats, branded high-vis workwear
- Trailers, site sheds, or portable power sources
- New or upgraded job management software (SimPRO, ServiceM8, etc.)
- Prepaid fuel cards or business insurance policies
Why It Works: Assets under the instant asset write-off threshold are deductible in the year of use. Uniforms and PPE are also deductible if compliant with ATO uniform rules.
Numble Tip: Review your depreciation schedule and write off any tools that are broken, obsolete, or unused to reduce your assessable income.
See how we help with construction bookkeeping services.
🐎 Equine & Veterinary Practices
Common Purchases Before EOFY:
- Portable vet equipment: X-ray, ultrasound, sterilisation tools
- Office and stable computers or tablets
- Horse float upgrades or maintenance
- Veterinary consumables (bandages, vaccines, sedatives)
- Software subscriptions: VetlinkSQL, Smartflow, cloud storage
- Branding materials: signage, uniforms, client gifts
Why It Works: Most of these expenses are classified as either business assets or operating costs. Subscriptions and medical consumables are fully deductible.
Numble Tip: Buying feed in bulk does not necessarily qualify as a prepaid deduction unless used within 12 months—check with your tax advisor before bulk purchasing.
Learn more about how Numble supports with veterinarian bookkeeping services.
🍝 Hospitality & Cafés
Common Purchases Before EOFY:
- Commercial kitchen appliances under $20,000 (mixers, grills, coffee machines)
- Crockery, cutlery, or glassware replacements
- POS terminals or software subscriptions (Square, Kounta, Lightspeed)
- Cleaning gear, pest control, food-grade storage containers
- Branding upgrades (menus, uniforms, signage)
- Social media advertising or content creation invoices
Why It Works: Operational assets used for food service are deductible if purchased, delivered, and installed before June 30. Digital marketing expenses are fully deductible when paid in FY25.
Numble Tip: Review any outstanding supplier credits or prepayments to avoid over-reporting deductible expenses—our reconciliation process helps avoid these EOFY traps.
Here’s how we help hospitality businesses with bookkeeping.
🩺 Medical Practices
Common Purchases Before EOFY:
- Diagnostic tools: ECGs, otoscopes, dermatoscopes, spirometers
- Waiting room furniture or privacy curtains
- Practice management software subscriptions (e.g. Best Practice, MedicalDirector)
- Computer and networking upgrades for telehealth services
- Clinical waste disposal equipment
- Professional development and CPD courses
Why It Works: Equipment under the write-off threshold may be fully deductible. Education costs are also deductible if related to maintaining registration or improving current skills.
Numble Tip: Ensure invoices are in the name of the entity (not a director personally) to qualify as a deductible business expense.
View our medical bookkeeping services for a range of practice types.
💼 Professional Services (Consultants, Creatives, Agencies)
Common Purchases Before EOFY:
- Laptops, monitors, printers, and ergonomic furniture
- SEO, website development, or paid ad campaigns
- Software: Adobe Creative Cloud, Microsoft 365, Zoom, project management tools
- Online courses or certifications (e.g., Google Analytics, CPA units)
- Photography, graphic design, or brand consultancy services
- Client thank-you gifts (subject to entertainment rules)
Why It Works: Marketing, training, and tech tools are considered operational expenses. Gifts under $300 per client that are non-entertainment in nature (e.g., a wine glass set) may also be deductible.
Numble Tip: Don’t leave training tax claims on the table. You can also prepay for annual software if cash flow allows, to boost this year’s deductions.
Get help with professional services bookkeeping.
🚐 Sole Traders & Freelancers
Common Purchases Before EOFY:
- Portable devices: laptops, tablets, external hard drives
- Mobile phone upgrades used for business
- Office furniture (desks, chairs, monitor arms)
- Vehicle expenses: tyres, services, accessories
- Web hosting, CRM subscriptions, booking tools
- Noise-cancelling headphones, microphones (for online meetings)
Why It Works: Items used solely for business can be claimed in full; mixed-use items need percentage allocation. Instant asset write-off can be applied for items under $20,000.
Numble Tip: Use a logbook method to track mixed-use items for tech and car-related deductions. We help clients automate this tracking via apps.
🧮 Not-for-Profit Organisations
Common Purchases Before EOFY:
- New office IT infrastructure (if funded or self-supported)
- Financial reporting tools or grant tracking software
- Board member training and compliance workshops
- Event signage or volunteer engagement kits
- Stationery or branded merchandise
- Annual insurance policies or membership renewals
Why It Works: Deductibility depends on whether the NFP earns taxable income or applies for tax concessions. Even if not taxable, purchases still improve operational transparency.
Numble Tip: EOFY is a great time to prepare for audits or funding applications. Investing in financial systems now makes future reporting cleaner.
Numble are experts in not-for-profit bookkeeping.
🏁 Final Thought: Make Smart Purchases, Not Just Fast Ones
Not all spending is equal. At Numble, we don’t just help you spend—we help you spend strategically.
Here’s how we help clients prepare their EOFY wish list:
- ✅ Review depreciation schedules
- ✅ Identify aged or obsolete assets
- ✅ Match purchases to business goals
- ✅ Check ATO thresholds and criteria
- ✅ Categorise correctly for tax compliance
Let Numble Help You Shop Smart for EOFY
If you’re planning to make purchases before June 30, run them by us first. We’ll help you:
- Assess deductibility
- Document expenses properly
- Maximise your EOFY tax position
📞 Book a 20-minute EOFY purchasing review with Numble now. It’s the smartest decision you’ll make this EOFY.
👉 Contact Us | 📧 hello@numble.com.au | 📞 1300 852 575
