June 22, 2026 · by David Gilbert · 3 min read · Small Business
The end of the financial year has a way of sneaking up on everyone. Between chasing invoices and pulling together receipts, your technology is easy to overlook — yet a little attention now can save you money, stress, and a few headaches when you sit down with your accountant. Here's a practical end-of-financial-year checklist for home businesses and sole traders across the local area.
1. Back Up Everything That Matters
Before you do anything else, make sure your important files are safely backed up. Tax records, client information, invoices, and photos of receipts are all things you simply can't afford to lose. A failed hard drive in early July could turn tax time into a nightmare. Ideally, keep a copy both in the cloud and on a physical drive that lives somewhere safe.
2. Track Down Your Tech Receipts
Any technology you bought for your business during the year may be tax-deductible — laptops, phones, monitors, printers, software subscriptions, and even repairs. Now is the time to gather those receipts into one place. If you've been meaning to set up a simple folder system for digital receipts, this is the perfect excuse.
3. Consider Whether It's Time to Upgrade
If a key piece of equipment has been limping along all year, buying a replacement before 30 June may let you claim it in this financial year. A slow computer that costs you an hour a day is costing you far more than a new one would. It's always worth a chat with your accountant about what makes sense for your situation.
4. Clean Up and Secure Your Accounts
End of financial year is a natural checkpoint for a quick security review. Update any passwords you've been reusing, switch on two-factor authentication for your banking and accounting software, and remove access for anyone who no longer needs it. Cybercriminals are especially active around tax time, so a few minutes here is time well spent.
5. Sort Out Old Devices Responsibly
If you're upgrading, don't just toss the old gear in a drawer — or worse, the bin. Old phones, laptops, and hard drives hold sensitive business data that should be properly wiped before disposal. Securely recycling old equipment protects your clients' information and keeps e-waste out of landfill.
6. Get Niggling Repairs Done Now
That cracked screen, dodgy battery, or noisy laptop fan you've been ignoring? Getting it fixed before the new financial year means you start fresh with reliable equipment — and the repair may be deductible too.
Start the New Year on the Right Foot
Don't Leave It to the Last Minute
The biggest mistake businesses make at this time of year is leaving everything to the final week of June. Suppliers get busy, stock of popular equipment runs low, and rushed decisions tend to be poor ones. Spreading these tasks across a couple of weekends makes the whole process calmer and gives you time to make sensible choices rather than panic purchases. Block out an hour or two now, work through the checklist above, and you'll head into July organised instead of overwhelmed.
A little tech housekeeping now sets you up for a smoother, more productive year ahead. If you'd like a hand backing up your data, securing your systems, or deciding whether to repair or replace a struggling device, Your Local Tech Solutions is here to help. Get in touch for friendly, practical advice — no jargon, just honest answers.
