Australia Year-End Payroll Activities for 2025: A Complete Employer’s Guide

As of 30 June 2024, there were 2.66 million actively trading businesses in Australia—nearly 1 million of them employing staff. The close of the 2024–2025 financial year marks a critical window to ensure full compliance with payroll obligations under the Australian Taxation Office (ATO).

From updated employee data and superannuation contributions to Single Touch Payroll (STP) Phase 2 finalizations and Fringe Benefits Tax (FBT) declarations, the compliance landscape is increasingly structured—and unforgiving.

For global companies with Australian branches, overlooking payroll year-end obligations can lead to regulatory penalties, misreporting under STP, and disruptions in employee tax processing—issues that directly impact operational continuity and employee trust. With final submissions due by 14 July 2025, employers must act now.