The end of the current financial year is upon us. It is a good time to prepare your tax and accounting records 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.
To help you be across upcoming due dates and deadlines, please find a list of the key compliance dates below for May and June 2025. Make sure these lodgments are up to date to avoid any interest or penalties.
KEY TAX DATES – MAY/JUNE 2025
- 15 May 2025 – Income tax – Due date for lodgement of 2024 tax returns for all eligible entities that did not have to lodge earlier, and are not eligible for the 5 June concession.
- 21 May 2025 – PAYG withheld – Monthly activity statement and payment for April 2025
- 21 May 2025 – PAYG instalment – Activity Statement and payment for monthly reporters for April 2025
- 21 May 2025 – FBT – FBT return for the year ended 31 March 2025 to be lodged, together with payment, if you do not lodge with us.
- 28 May 2025 – FBT – Pay FBT annual return if lodging electronically.
- 28 May 2025 – Superannuation guarantee – Due date for superannuation guarantee charge for January to March 2025 contributions.
- 5 June 2025 – Income tax – Due date for lodgment of 2024 tax returns of all entities eligible for this 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 & received by the super funds by this date to qualify for a tax deduction in the 2024–25 financial year.
The team at EMspire Advisory are trusted, qualified Chartered Accountants, tax agents, and small business accountants. We work closely with our clients to achieve the best possible outcomes. To find out more, please contact us!
Please note that this information is not specific and is general in nature and cannot be relied on as advice. Please contact us for advice specific to you and your circumstances.