How to master your employer obligations in 2025

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

Fringe benefits tax (‘FBT’)

31 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 21 May 2025.  If their registered tax agent lodges electronically for them, they have until 25 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 14 July 2025 for the 2024/25 financial year (there may be a later due date for any closely held payees).

Super guarantee (‘SG’)

  • 28 January, 28 April, 28 July and 28 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 1 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.

Business accounting is more than just numbers and deadlines. It’s about providing tailored insights, actionable guidance and clear communication that aligns with your business goals. At Omnis, we deliver proactive solutions that make sense for your unique needs, helping your business thrive beyond the numbers.

Read more or contact Omnis Business Advisory in West Perth on 08 9380 3555.

Justin Flavel

Managing Director

Justin’s experience spans across 20 years in accounting, financial analysis and general business practice.

Although born and bred on the land, Justin’s interest was more in spreadsheets, ledgers, and finance which led him to attend university. In 1992, Justin graduated with a Bachelor of Business majoring in Accounting and Finance. As well as qualifying as a CPA member and becoming a Fellow of the Taxation Institute of Australia, he began gaining practical experience in small and mid-tier accounting practices.

During the late 90s, Justin decided to expand his horizons and travel through Europe. It was during this time that he seized the opportunity to expand his knowledge on the workings of large organisations by taking on roles in multinational corporations.

Today, Justin’s passion is in facilitating businesses to grow and evolve. His focus is on acting in the role of business mentor to help clients develop the full potential of their businesses. He joins clients on their unique journey, and provides the tools and knowledge they need along the way to make the right decisions.

Justin’s aim for his clients parallels his own philosophy and personal journey—focusing on his own career growth and business success while maintaining balance in his life with his wife and three daughters.

Omnis Group Managing Director - Justin Flavel