The end of the current financial year is upon us, and for most of you, this means preparation to start finalising your general ledger accounts for the upcoming end of year compliance.
However, it can be a time when we forget our final business obligations whether it be the due date of your Fringe benefits tax (FBT) return or paying off your end of year superannuation guarantee obligations.
In order for you to be across all upcoming due dates and deadlines, please find a list of the key compliance dates below for June 2025.
Make sure these lodgements are up to date to avoid any interest or penalties.
KEY TAX DATES – JUNE 2025
- 5 June 2025 – Income tax – Due date for lodgement of tax returns of all entities 5 June concession. Note: Entities eligible for the 5 June 2025 concessional due date can lodge by 8 June 2025, as long as any liability due is paid by this date. You do not need to apply for a deferral.
- 21 June 2025 – GST – Monthly Activity Statement and payment for May 2025
- 21 June 2025 – PAYG withheld and PAYG instalment – Monthly Activity Statement and payment for May 2025
- 25 June 2025 – FBT – Lodge 2025 FBT annual return for tax agents if lodging electronically, if you are lodging with us
- 30 June 2025 – Superannuation guarantee – Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2024–25 financial year.
Talk To Wizard Business Solutions About Staying Organised This EOFY
The end of financial year is a busy time for any business. If you’re looking for help staying on top of your obligations and keeping your business running smoothly, talk to Wizard Business Solutions. We can support you with tools, insights and services to help you feel more confident heading into the new financial year.