Every year around May and June, the letters EOFY show up everywhere in Australia. It stands for the End of Financial Year.
The annual EOFY sale brings a wave of massive retail discounts on electronics, appliances, and winter gear. It is also an important deadline for taxes and savings.
But figuring out when the best discounts drop and how the tax rules work can be tricky. We put together this complete EOFY guide so you know exactly when to shop, what the tax perks are, and what is actually worth your money.
What EOFY Actually Means for Australians
The EOFY meaning is simple. It is the abbreviation for the End of Financial Year. In Australia, the financial year runs from 1 July to 30 June.
Unlike the regular calendar year, the Australian Taxation Office, also known as the ATO, uses this 12 month period for tax and accounting. This 30 June deadline creates a massive shopping event for two main reasons.
First, business owners and freelancers rush to buy work equipment. If they buy before the deadline, they can claim the cost as a tax deduction for the current year.
Second, retailers want to clear out their warehouses. Having less stock makes their end of year tax reporting much easier. They drop prices heavily to move products, which means everyday consumers can score huge discounts on big ticket items.

Image: Avoda
Key EOFY Dates and When Sales Start
The official tax deadline never changes, but retail sales follow their own schedule. If you want to time your purchases right, here is how the 2026 season plays out.
The Official Tax Deadline
This is the final day of the Australian financial year. To claim a tax deduction for the current year, you must buy your items by midnight on 30 June.
The 2026 Shopping Timeline
Retailers start dropping prices well before the end of June. Here is what to expect.
- Late May: Stores test the waters with early offers. The discounts at this stage are usually small.
- 1 June Onwards: The marketing kicks in. More retailers join the event, and you will see solid price drops on electronics, appliances, and office gear.
- 15 to 30 June: This is the absolute peak. You will find the deepest discounts during these final two weeks because stores want to clear out their warehouses before they close their books.
- Early July: A few leftover clearance sales might stick around, but the best products are usually gone. Keep in mind that anything you buy now will count toward your tax return for next year.
EOFY Sales vs Black Friday
Is EOFY better than Black Friday?
For business owners and freelancers, EOFY is better because it offers immediate tax deductions on work equipment. For everyday shoppers buying fashion or holiday gifts, Black Friday usually wins. Both sales offer similar discount levels, but they target completely different needs.
Here is a quick breakdown to help you decide when to shop.
The Small Business Advantage Nobody Really Talks About
While ordinary shoppers are hunting for discounted TVs, business owners have a completely different reason to shop in June. It is called the Instant Asset Write Off.
If you run a small business or work as a freelancer, this ATO rule is your best friend. In simple terms, it allows you to buy equipment for your business and deduct the full cost from your taxable income in the exact same financial year. You just have to make sure you purchase and install the item before 30 June.
This rule applies to almost any tool you need to make money. You could buy a new laptop, heavy photography gear, or professional office furniture. It also covers creative production equipment like a UV printer or a commercial cutting machine.
By buying these tools now, you lower your taxable income. That means you pay less tax.
There are a few important rules to remember. You must actually use the item for your business. If you buy a computer and use it for work 80 percent of the time and personal gaming 20 percent of the time, you can only claim the 80 percent work portion.
Tax rules change often and the ATO has strict limits on how much you can claim per item. We highly recommend talking to a registered tax agent or your accountant before you make any massive purchases. They will make sure you get the maximum benefit without breaking any rules.

What Tech You Can Claim This EOFY
Your daily work gear is fully deductible. This covers physical hardware like laptops and monitors alongside digital tools like cloud storage and design software.
The golden rule is simple. You can only claim the exact percentage of time you use the item for business. Keep your receipts handy to prove it.
Just remember that personal entertainment items like smart home speakers and gaming PCs rarely qualify. You can only claim them if your specific job strictly requires them.
How Equipment Deductions Actually Work
The way you write off your expenses depends entirely on the price tag.
- Under $300: Cheap items can usually be claimed immediately. They just need to be your main work tools and bought separately.
- Over $300: Pricier gear depreciates over time. The ATO expects laptops to last around two years and desktop monitors to last four.
- Bundled gear: Watch out for matching equipment. If things are meant to plug in and work together, the tax office counts them as one single purchase.
How to Claim Work From Home Expenses
If your main desk is at home, you have two different ways to calculate your tax return.
- The Fixed Rate: This method gives you 70 cents for every hour you work. It is easy because it bundles your internet, phone, and power bills together. You cannot claim those bills again separately.
- The Actual Cost: This route lets you claim exact amounts for your expenses. However, you must track every single bill and calculate your precise work usage.
A Practical EOFY Sales Shopping Guide
With so many sales happening at once, it is easy to get distracted. Here is what you should keep an eye out for based on your situation.
Home Office and Freelancers
You probably spend all day at your desk. EOFY is the perfect time to focus on your comfort and daily productivity. Look for deep discounts on ergonomic chairs, high resolution monitors, and upgraded webcams. A reliable document printer is also a smart buy for your home setup.
Small Business Owners
This is the month to upgrade how your business operates or finally bring your new small business ideas to life. Look for deals on POS systems or bulk packaging supplies to save money year round. It is also the perfect moment to invest in heavier production tools to expand the services you offer to your customers.
Students
You might not need to worry about tax deductions, but you can still take advantage of the massive price drops. Focus on upgrading your core study tools before the next semester begins. You will find some of the best prices of the year on laptops, tablets, and digital note taking accessories.
Creators and Makers
If you have a side hustle, EOFY is the best time to scale up your production. Look for professional gear that helps you make higher quality products much faster. Production tools like laser cutters, UV printers, and heavy duty sewing machines are often deeply discounted during this season.
The Savvy Shopper Checklist
Before you pay, keep these quick tips in mind to make sure you are getting a real deal.
- Save your receipts: If you plan to claim any items on your tax return, you must keep every tax invoice and delivery confirmation. The ATO will ask for them.
- Watch out for hidden costs: Always check if shipping, installation, and warranties are included in the final price. A cheap product is not a good deal if the delivery fee is massive.
- Check the exact model: Make sure you are comparing the exact same products across different stores. Sometimes a huge discount just means the store is trying to get rid of an old or discontinued model.
- Know what to avoid: Do not buy things just because they are on sale. Avoid winter fashion, fragile novelty items, or impulse tech gadgets that will be outdated in six months. Stick to the equipment you actually planned to buy.
FAQs
What date is EOFY in Australia?
EOFY in Australia is exactly on 30 June each year. The Australian financial year runs from 1 July to 30 June. This makes the last day of June the absolute deadline for claiming tax deductions on your business purchases.
When do EOFY sales start in 2026?
Most Australian retailers begin their EOFY sales in late May. However, the biggest discounts and best clearance deals usually appear during the final two weeks of June as stores rush to clear their warehouses.
Are EOFY deals available online only?
No. You can find EOFY deals both online and in physical stores. While major retailers run sales across all their physical locations, you might sometimes find special online exclusive offers designed to clear out warehouse stock much faster.
Are EOFY sales worth it?
For planned purchases, yes. If you need a new laptop, home appliances, or tax deductible business equipment, the savings are unbeatable. For random impulse buys, it is less worth it. Stick to your list so you do not waste money on things you do not actually need.
What is the instant asset write off for small business in 2026?
It is an ATO policy that lets eligible small businesses claim an immediate tax deduction for the full cost of new work equipment. Since threshold limits can change, you should check the official ATO website or consult an accountant for the exact 2026 rules.








