End of financial year resources for your small business

It’s been a challenging year, and we’re here to help you the best way we know how. That's why we've created resources to help you conquer this end of financial year.

Explore this page to learn more about processing EOFY

Mark these dates in your diary

Here are the key EOFY milestones you need to know or check out the Australian Tax Office (ATO) for the full list of dates.

June 30 financial year ends

The Australian financial year runs from 1 July to 30 June. At midnight on 30 June, the financial year ends and your business books are closed off.

July 14 Single Touch Payroll finalisation due

Reconcile your payroll in Xero so you can submit your Single Touch Payroll end-of-year finalisation declaration by 14 July. Your employees can then complete their income tax returns.

July 28 Q4 business activity statement due

Lodge and pay your Q4 business activity statement (BAS). If you lodge online, you may be eligible for a two-week extension. 

If you have employees, your super and PAYG instalments are also due.

 

Oct 31 tax return due

You have until 31 October to submit your tax return, but there are exceptions. For your precise due date, check the ATO website or ask your tax agent.

EOFY First timers

EOFY first timers

We’re here to make your first EOFY as straightforward as possible.

Processing payroll first timer resources

Processing payroll

Understand how to review, reconcile and amend your payroll, so you can finalise and lodge your Single Touch Payroll (STP) declaration by July 14.

Watch beginners payroll webinar

Read payroll blog

All payroll resources
Closing the books first timer resources

Closing the books

Familiarise yourself with everything from stock taking inventory, to bank reconciliations and closing off your accounts.

Download processing checklist

Download EOFY basics one pager

All EOFY resources
Setting up for the new financial year first timer resources

Setting up for the new year

With the financial year ending, it's the perfect time to do a business check-up, celebrate the highs and lows of the year and refocus on business goals.

Download tasks for your tax period one pager

Stress response and resilience course

All NY resources

EOFY pros

EOFY pros

It’s been challenging since last EOFY, so if you need a refresher, we’ve got you covered.

Processing payroll resources

Processing payroll

A reminder of what to review, what reports to reconcile and how to finalise Single Touch Payroll (STP).

Download payroll checklist

Watch a refresher

Read blog

All payroll resources
Closing the books resources

Closing the books

Everything you need to know about closing the accounts, finalising bank reconciliation, EOFY adjustments and more.

Download processing checklist

Watch processing webinar

All EOFY resources
Setting up for the new financial year resources

Setting up for the new year

With the financial year ending, it's the perfect time to do a business check-up and refocus on business goals.

Plan your online growth for the new FY

Download tasks for your tax period one pager

All NY resources
EOFY FAQs

Answering your top questions

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