End of financial year is generally a busy time for the accounting and financial planning professions, and EOFY 2024 will be no different as taxpayers continue to grapple with cost-of-living pressures, interest rate uncertainty, and inflation that won't go away. 

While the 2024-2025 Budget should ease some of these pressure points for certain taxpayers and business owners, it makes sense to assess 'what's what' regarding your tax obligations, benefits and deductions to best protect and preserve your income and wealth – for yourself, your family and your business.