How to master employer obligations in 2025

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

Fringe benefits tax ('FBT')

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

• They should identify if they have provided a fringe benefit. If they have, they should determine the taxable value to work out if they have an FBT liability.
• They should lodge an FBT return and pay any FBT owed by 21st May 2025. If their registered tax agent lodges electronically for them, they have until 25th June 2025.
• They should keep the right records to support their FBT position.

Pay as you go ('PAYG') withholding

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

Single touch payroll ('STP')

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

Super guarantee ('SG')

• 28th January, 28th April, 28th July and 28th 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 1st July 2025, it will increase to 12%.
• Taxpayers should ensure SG for their eligible employees is paid in full, on time and to the right super fund, otherwise they will be liable for the SG charge.

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Note: The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.

Publication date: 25 February 2025