You’re on our Australian website
×

End of Financial Year HR and Payroll Checklist

Published 6 Apr 2024
EOFY Checklist

What’s in the EOFY HR and payroll checklist?

The end of the financial year is just around the corner. Are you prepared?

Pour yourself a coffee, set aside some time in your calendar and get ready – it’s that time of year again.

In this checklist, we’ll cover everything including:

  • Finalising payroll
  • Employee data
  • Disaggregation of Earnings
  • ATO settings
  • Regulations and compliance
  • Company culture and goals
  •  General HR and workforce planning

We all know there’s many important administrative tasks to cover when it comes to payroll and HR. Let us help you get organised this EOFY with our complete checklist, designed to help you feel confident as we see out the financial year.

Download the HR and Payroll Checklist now.

EOFY Checklist

End of Financial Year Explained

Take the stress out of EOFY and set yourself up for success next year.

What is EOFY?

The End of Financial Year (EOFY) is when Australian small businesses wrap up their financial records, lodge tax returns, and prepare for the year ahead.

To streamline EOFY tasks and optimise tax returns, many businesses use accounting software and work with an accountant or tax agent to stay compliant with ATO requirements.

EOFY Deadlines

In Australia, the financial year ends on 30 June, and taxes must be lodged with the Australian Taxation Office (ATO) by 31 October.

If you choose to work with a registered tax agent, they may lodge your taxes after this date. However, you must engage their services by 31 October to qualify for the extension.

Other helpful resources:

 

Register for the checklist
Register for the checklist
Explore by industry