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Starting FY27 with a strong cash position gives you options. Chase invoices, plan for tax and super, time supplier payments and consider invoice finance before 30 June.
To improve business cash flow before the new financial year, chase outstanding invoices now, map out the tax and super payments due around 30 June and July, time discretionary supplier payments within agreed terms, and consider invoice finance if slow-paying clients are holding cash back. Each step improves the cash you have on 1 July.
How a business crosses the 30 June line matters more than many owners realise.
Starting the new financial year with a strong cash position gives you options. Starting it stretched gives you problems, often at the worst possible time, when expenses reset, BAS obligations are due, and the pressure of new annual targets kicks in.
Focus on these four areas before EOFY to give your business the strongest possible start to FY27.
1. Chase outstanding invoices now, not later
Unpaid invoices are cash your business has already earned but cannot use. The closer you get to 30 June, the harder they become to collect, as clients slow their own payments ahead of EOFY.
Make contact now and prioritise your oldest and largest outstanding amounts. The cash in your account on 1 July is worth considerably more than an invoice you are still chasing in August.
A few habits help:
- run an aged receivables report and call, rather than email, on anything past 60 days
- send invoices the day work is completed, not at month end
- offer simple payment options, such as a payment link on the invoice
- set clear terms for new work, and consider deposits or progress payments on larger jobs
Late payments cost more than the delay itself. Our article on the hidden cost of late payments puts numbers to it.
2. Plan ahead for your tax obligations
EOFY brings with it a cluster of tax obligations that can hit cash flow hard if they are not anticipated. GST, income tax instalments, payroll tax and superannuation contributions can all fall due in quick succession around the end of the financial year.
Building a clear picture of what is coming and when, before June, is a straightforward way to avoid being caught short. Your accountant can help you model the timing and identify any opportunities to manage the position more effectively.
FY27 brings one change to plan for. From 1 July 2026, Payday Super requires employers to pay super at the same time as wages, with contributions reaching the employee’s fund within seven business days. If you’ve been paying super quarterly, that cash will leave the business sooner, so update your forecast.
| Area | What to check before 30 June |
|---|---|
| Receivables | Overdue invoices, oldest and largest first |
| GST and BAS | June quarter amount and due date |
| Income tax | PAYG instalments and any end-of-year balance |
| Payroll and super | Payroll tax, and the move to Payday Super from 1 July 2026 |
| Payables | Timing of discretionary spending within agreed terms |
| Finance | Facilities due for review, renewal or refinance |
If tax debts have already built up, our guide on what businesses with ATO debt should know explains the options and why acting early matters.
3. Use supplier terms strategically
Most businesses focus on accelerating incoming cash at EOFY but give less thought to the timing of outgoing payments. Reviewing your supplier payment terms and, where appropriate, timing larger payments to fall just after 30 June rather than before it can meaningfully improve your closing cash position.
This is not about delaying payments beyond agreed terms. It is about being deliberate with the timing of discretionary expenditure within the terms you already have. If you’re buying equipment, talk to your accountant first, because the timing of an asset purchase can also affect when you claim a deduction.
4. Consider invoice finance if payment cycles are working against you
For businesses whose cash flow is tied up waiting on slow-paying clients, invoice finance allows you to access a portion of the value of outstanding invoices before they are paid. Rather than waiting 30, 60 or 90 days for a client to settle, you receive the funds quickly, and the finance provider collects from the client when the invoice falls due.
It is a flexible option that scales with your revenue and does not require you to take on fixed debt. Our guide to the types of businesses that use invoice finance explains who it suits, and understanding debtor finance options covers how the structures differ.
Other ways to support cash flow
Invoice finance isn’t the only tool. A business line of credit can cover short gaps between income and expenses, and equipment finance can spread the cost of new assets rather than using cash. For broader planning, read five strategies to streamline cash flow before EOFY and cash flow mistakes growing businesses make.
If strengthening your cash position before 30 June involves exploring finance options, a finance broker can help you compare invoice finance and other cash flow finance options to find a structure that suits where your business is right now. Attain Loans is a business finance broker in Melbourne’s west, and any facility is subject to the lender’s assessment.
This article is general information only and doesn’t take into account your objectives, financial situation or needs. Tax obligations depend on your business. Consider whether it’s appropriate for you and speak with a licensed professional, including your accountant, before making a decision.
Further questions
How can a small business improve cash flow quickly?
What tax payments fall due around the end of the financial year?
What is Payday Super and how does it affect cash flow?
How does invoice finance work?
Is it okay to delay paying suppliers before EOFY?
This is general information only and is subject to change at any given time. Your complete financial situation will need to be assessed before acceptance of any proposal or product.
