Taxpayers who employ staff should remember the following important dates and obligations:

Fringe benefits tax ('FBT')

31 March 2025 marks the end of the 2024/25 FBT year.  Employers should remember the following regarding their FBT tax time obligations.

•   You should identify if you have provided a fringe benefit.  If yes, t determine the taxable value to work out if you have an FBT liability.
•    You should lodge an FBT return and pay any FBT owed by 21 May 2025.  If we, as your registered tax agent, lodge electronically for you, we have until 25 June 2025.
•    Make sure that you keep the right records to support your FBT position.

Pay as you go ('PAYG') withholding

Taxpayers need to withhold the right amount of tax from payments you make to your employees and other payees, and pay those amounts to the ATO.

Single touch payroll ('STP')

Employers should finalise their STP data by 14 July 2025 for the 2024/25 financial year (there may be a later due date for any closely held payees).

Super guarantee ('SG')

•    28 January, 28 April, 28 July and 28 October are the quarterly due dates for making SG payments;
•    The SG rate is currently 11.5% of an employee's ordinary time earnings.  From 1 July 2025, it will increase to 12%.
•    Taxpayers should ensure SG for your eligible employees is paid in full, on time and to the right super fund, otherwise you will be liable for the SG charge.