EOFY Checklist 2025: Essential Tasks for Axial Students, Apprentices, and Business Partners

The end of the financial year (EOFY) is a pivotal time for students, apprentices, and business partners at Axial Training and International College. Whether you’re looking to maximise your tax benefits, prepare for the next stage of your learning journey, or ensure your business remains compliant and future-ready, a clear EOFY checklist can make all the difference. Here’s your tailored guide to navigating EOFY 2025 with Axial’s support and expertise.

Why EOFY Matters in Vocational Education

EOFY is more than just a tax deadline—it’s an opportunity to review your progress, claim eligible deductions, and set new goals. For students and apprentices, it’s a chance to ensure you’re making the most of your study-related expenses. For employers and business partners, it’s the perfect time to invest in staff training, review compliance, and plan for workforce development.

EOFY Checklist for Students and Apprentices

1. Gather Your Education Expenses

Collect receipts for course fees, textbooks, equipment, and online learning tools.
Download statements for any Axial course payments or training-related purchases.

2. Check Your Eligibility for Self-Education Deductions

If your studies at Axial are directly related to your current employment, you may be able to claim course fees, materials, and even a portion of your home office expenses.
Review the ATO guidelines or consult a tax professional to maximise your return.

3. Review Your HECS-HELP or VET Student Loan

Check your current balance and any repayments made during the year.
Update your details with the ATO if your circumstances have changed.

4. Plan for the Next Stage

Set academic and career goals for the new financial year.
Explore additional Axial courses or pathways to upskill and increase your employability.

EOFY Checklist for Employers and Business Partners

1. Review Training Investments

Gather records of staff enrolments in Axial programs, apprenticeships, or short courses.
Assess how upskilling initiatives have benefited your business this year.

2. Maximise Tax Benefits

Many training and development expenses—including course fees and on-the-job training—can be claimed as business deductions if they directly relate to your operations.
Consult your accountant to ensure you’re claiming all eligible expenses.

3. Ensure Compliance and Reporting

Finalise payroll and superannuation contributions for apprentices and trainees.
Prepare any required documentation for government incentives or funding.

4. Plan Workforce Development

Identify future skills gaps and consider enrolling staff in new Axial programs for 2025/26.
Connect with Axial for tailored training solutions to meet your business goals.

Common EOFY Mistakes to Avoid

Not keeping accurate records of education or training expenses
Missing out on eligible tax deductions
Overlooking compliance requirements for apprenticeships or traineeships
Failing to plan for future workforce needs

Planning for the Year Ahead with Axial

EOFY is the ideal time to reflect on your achievements and set new goals. Axial offers flexible, nationally recognised training across industries including Automotive, Business, Hospitality, Healthcare, Engineering, Electrotechnology, and Retail. Our team can help you identify the right courses and pathways to support your personal or business growth in the new financial year.

Frequently Asked Questions

Can I claim my Axial course fees on tax?
If your course is directly related to your current job or business, you may be eligible to claim self-education or training expenses.

What business expenses can employers claim?
Training, upskilling, and professional development costs for staff are often tax-deductible if they relate to your business operations.

How can Axial help with EOFY planning?
Our team can provide enrolment records, recommend upskilling pathways, and support compliance for apprenticeships and traineeships.

Conclusion

EOFY is a valuable opportunity to review, claim, and plan for future success. Whether you’re a student, apprentice, or employer, Axial Training and International College is here to support you every step of the way. Contact us to discuss your EOFY needs or explore our wide range of nationally recognised courses for 2025/26.

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Industry Connections and Internships

Our strong connections with local restaurants, hotels, and catering companies provide students with valuable internship opportunities. These experiences not only enhance learning but also help students build professional networks in the industry.

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