Official end of the fiscal year. 1 July 2024. The Australian Taxation Office begins to process tax returns from the fiscal year just ended.. GET YOURS TODAY. 14 July 2024. At the end of each financial year employers must lodge a Pay As You Go (PAYG) withholding annual report for all payments not reported through Single Touch Payroll (STP.. The financial year is a 12-month time period used for tax purposes.. June 30, 2024. This marks the end of the financial year in Australia..

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Finalisation declaration for payments to your employees due. Learn about end-of-year finalisation through Single Touch Payroll (STP) on the Australian Taxation Office (ATO) website. 14 July: Pay as you go (PAYG) withholding payment summaries for your employees due. This is only for payments not reported through STP. 28 July. The end of the financial year in Australia is 30 June. The date upon which you are required to submit your tax return depends on the type of business that you operate. Here's everything you need to know: Sole traders and self-employed - Must lodge an individual tax return from 1 July to 31 October. Partnership - Must lodge a partnership.