EOFY 2025: Slash Tax & Upgrade Gear with Equipment Finance
Last updated: 13 May 2025
By Michael Pajar | Business Finance Broker | Casey Asset Finance | Estimated Read Time: 5 minutes
EOFY isn’t just about tax returns — it’s a golden window to buy equipment, reduce your tax, and get ahead of the competition.
Here’s how smart business owners are using equipment finance + depreciation rules to win before 30 June.
Why EOFY Timing Matters
When you buy business equipment before EOFY, you may be able to:
Claim depreciation or a full write-off (if eligible)
Reduce your taxable income
Upgrade tools and vehicles that generate more revenue
Preserve cash flow by financing instead of paying upfront
It’s a win–win. But only if done before 30 June.
What Is Depreciation? (And Why It’s Powerful)
Depreciation allows you to deduct the cost of business assets over time — or sometimes all at once under simplified rules.
In 2025, small businesses may be eligible to:
Use instant asset write-off (check current ATO thresholds)
Use simplified depreciation rules
Write off multiple assets with financing in place
Always check with your accountant, as rules change frequently. But if the asset is installed and ready for use before EOFY — the opportunity is real.
Should You Use Finance to Buy Equipment Before EOFY?
In most cases — yes. Here’s why:
Why Finance Makes Sense Before EOFY:
You get the asset now, but repay gradually
You can still claim depreciation, even with finance
You preserve cash flow during a tax-heavy season
Approvals are fast (often under 24 hours)
Up to $75K no-doc options available — no financials or bank statements required*
Up to $250K low-doc options — bank statements, no financials required
This is perfect for trades, logistics, manufacturing, and other fast-moving industries.
Example (Plumbing Business)
A plumbing business in Melbourne needs a $42,000 jetter and trailer combo.
The finance gets approved in 6 hours.
They upgraded gear, boosted billable work, and used the depreciation to cut down their EOFY tax bill — all while paying it off monthly over 5 years.
What Equipment Can Be Claimed?
If used for business, it may qualify. For example:
Work vehicles (utes, vans, light trucks)
Construction machinery
Commercial kitchen equipment
Manufacturing tools
Office equipment and fitouts
It must be:
Installed and ready for use by 30 June
Financed or paid for under a valid agreement
Why Business Owners Use Us
At Casey Asset Finance, we’re the go-to broker for EOFY equipment upgrades.
No-doc approvals up to $75K
Low-doc approvals up to $250K
Access to 40+ lenders
Real advice — from someone who gets it
Fast outcomes, even under deadline pressure
We specialise in helping small business owners make confident, tax-smart decisions before EOFY closes.
Disclaimer: This article is general in nature and does not constitute financial or tax advice. Please speak with your accountant or tax adviser to understand how these strategies apply to your specific circumstances
Ready to Move Before June 30?
We’ll keep it simple:
No financials needed (for most deals under $75K)
No pressure
No call centres
Start your application online in 60 seconds.
