There’s a lot to manage when running a business, especially if you’re an employer. With the end of financial year fast approaching, it’s a good idea to review your tax and super obligations to ensure they're in order.
If you’re short on time, check out our Employer obligations factsheet (PDF, 138KB)This link will download a file for more information.
Key obligations as an employer
If you have employees, you'll need to:
- withhold tax (pay as you go withholding) from their wages and report and pay the withheld amounts to us
- pay super, at least quarterly, for eligible employees. The rate is currently 11.5%, increasing to 12% from 1 July 2025
- report and pay fringe benefits tax (FBT) if you provide your employees with fringe benefits
- report employees' tax and super information to the ATO each pay cycle using Single Touch Payroll (STP)
- keep good records of payments, tax withheld and super contributions for at least 5 years.
By getting the basics right, you can spend less time on admin, and more time growing your business.
For more information, visit ato.gov.au/employers or speak with a registered tax professional.