Key Financial Year Dates for 24/25

Is staying on top of deadlines daunting? As a business owner, remembering important dates for tax returns, BAS lodgements, and super contributions can easily slip through the cracks of the daily hustle-and-bustle.  

Why Key Financial Dates is Important 

Tracking and preparing for these key dates ensure your business is compliant, maintain a good standing with the ATO, and avoid unnecessary financial strain. Moreover, timely submissions can improve your financial planning and cash flow management. 

This guide will help you achieve these and more. Read: avoid that last-minute, unnecessary stress. Go ahead and save the dates! 
 

Key Dates for the 2024-25 Financial Year 

July 2024 

• 1 July – Individual tax returns are due from now until 31 October if preparing and lodging yourself. 

• 7 July – Lodge monthly payroll tax return (applies to all states). 

• 14 July – Employers must issue PAYG withholding payment summaries to employees by today (if reporting via STP, this information is in myGov for your employees). 

• 21 July – Lodge and pay June BAS (if you lodge monthly). 

• 21 July – Annual payroll reconciliation must be lodged, and any further liability paid by this date. 

• 28 July – Lodge and pay Q4 (April–June) BAS (if you lodge quarterly). 
• 28 July – Super guarantee contributions for Q4 (April–June) are due today. 

August 2024 

• 7 August – Lodge monthly payroll tax return (applies to all states). 

• 14 August – PAYG withholding payment summary annual report due. This is only for payments not reported through STP. 
• 28 August – Taxable payments annual report (TPAR) for payments to contractors due. 

October 2024 

• 7 October – Lodge monthly payroll tax return (applies to all states). 

• 28 October – Quarter 1 (July, August, and September) super payments due. 

• 28 October – Quarter 1 (July, August, and September) BAS statements due. 
• 31 October – Tax return for sole traders, partnerships, and trusts due. 
  

November 2024 

• 7 November – Lodge monthly payroll tax return (applies to all states). 
  

December 2024 

• 7 December – Lodge monthly payroll tax return (applies to all states). 
  

January 2025 

• 28 January – Quarter 2 (October, November, and December) super payments due. 
  

February 2025 

• 28 February – Quarter 2 (October, November, and December) BAS statement due. 

• 28 February – Tax return for most small companies due. 
  

April 2025 

• 28 April – Quarter 3 (January, February, and March) super payments due. 

• 28 April – Quarter 3 (January, February, and March) BAS statements due. 
  

May 2025 

• 21 May – Fringe benefits tax (FBT) return and payment due. 
  
  

Don’t forget – when using a registered tax agent such as Retinue, you may be entitled to extensions to these deadlines! 

Stay On Top of Your Financial Obligations 

Utilising tools like reliable calendars or reminder systems and seeking support from professional bookkeeping services, such as those offered by Retinue, can help small businesses stay organised and compliant. And staying compliant means: peace of mind and more focus on growing your business.  

Don’t let important dates sneak up on you. Keep this calendar handy and mark these dates to ensure peace of mind. 

If you need more information or assistance with your financial obligations, don’t hesitate to contact us at 1800 861 566.