{"id":302,"date":"2026-03-30T15:41:53","date_gmt":"2026-03-30T15:41:53","guid":{"rendered":"https:\/\/aoneoutsourcing.au\/blog\/australian-financial-year-2025-26-key-dates-eofy-deadlines-complete-guide"},"modified":"2026-08-13T08:53:34","modified_gmt":"2026-08-13T08:53:34","slug":"australian-financial-year","status":"publish","type":"post","link":"http:\/\/www.aoneoutsourcing.au\/blog\/australian-financial-year","title":{"rendered":"Australian Financial Year 2026\u201327: Key Dates, EOFY Deadlines & Complete Guide"},"content":{"rendered":"\n

The Australian financial year runs from 1 July to 30 June<\/strong>. The current financial year is FY2026\u201327<\/strong> (1 July 2026 \u2013 30 June 2027). The next End of Financial Year (EOFY) is 30 June 2027<\/strong>. Individual tax returns for FY2025\u201326 are due by 31 October 2026<\/strong> (or 15 May 2027<\/strong> if lodging through a registered tax agent).<\/span><\/p>\n\n\n\n

\"Australian
Australian Financial Year 2026\u201327<\/figcaption><\/figure>\n\n\n\n

The Australian financial year runs from 1 July to 30 June each year. The current financial year is FY2026\u201327<\/strong> (1 July 2026 \u2013 30 June 2027).<\/p>\n\n\n\n

Each year, the Australian Taxation Office (ATO) processes over 15 million individual tax returns and nearly 3 million Business Activity Statements (BAS). Late lodgements incur immediate penalties, starting at $280 for small entities <\/a>and scaling upwards based on delay and business size.<\/p>\n\n\n\n

Whether you are an individual taxpayer, a small business owner, or managing a growing company, this guide outlines key dates, reporting obligations, and major tax updates for FY2026\u201327.<\/p>\n\n\n\n

What Is the Australian Financial Year?<\/strong><\/span><\/p>\n\n\n\n

The financial year in Australia is a 12-month period that the government, businesses, and individuals use to measure financial performance and determine taxation obligations. It begins on 1 July each year and finishes on 30 June the following year.<\/p>\n\n\n\n

For example, the 2026\u201327 financial year<\/strong> (often written as FY26\/27<\/strong>) runs from 1 July 2026 to 30 June 2027. Any income you earn, expenses you claim, or taxes you pay during this period fall under that year\u2019s reporting requirements.<\/p>\n\n\n\n

This structure is different from the calendar year (January\u2013December), which is more commonly used for everyday planning but has no relevance for taxes in Australia. The distinction is critical because it influences how individuals and businesses prepare and lodge their financial documents.<\/p>\n\n\n\n

Missing ATO deadlines carries real financial consequences. Late lodgement penalties start at $280 for small businesses and increase <\/a>based on the length of the delay and business size. General interest charges apply daily on outstanding amounts, and the ATO may impose additional penalties for repeated non-compliance.<\/p>\n\n\n\n

FY2026\u201327 Key Dates and Deadlines at a Glance!<\/strong><\/h2>\n\n\n\n
Date<\/strong><\/td>Obligation<\/strong><\/td>Who It Applies To<\/strong><\/td><\/tr>
01-Jul-26<\/strong><\/td>FY2026\u201327 begins; individual tax returns open for FY2025\u201326<\/td>Individuals & Businesses<\/td><\/tr>
14-Jul-26<\/strong><\/td>PAYG payment summaries due to employees (non-STP)<\/td>Employers<\/td><\/tr>
28-Aug-26<\/strong><\/td>Taxable Payments Annual Report (TPAR) due<\/td>Businesses using contractors<\/td><\/tr>
28-Oct-26<\/strong><\/td>Q1 BAS due (July\u2013Sept); Q1 Super Guarantee contributions due<\/td>Businesses<\/td><\/tr>
31-Oct-26<\/strong><\/td>Individual tax return deadline for FY2025\u201326 (self-preparers)<\/td>Individuals<\/td><\/tr>
28-Jan-27<\/strong><\/td>Q2 BAS due (Oct\u2013Dec); Q2 Super Guarantee contributions due<\/td>Businesses<\/td><\/tr>
28-Feb-27<\/strong><\/td>Company tax return deadline (without tax agent extension)<\/td>Companies<\/td><\/tr>
28-Apr-27<\/strong><\/td>Q3 BAS due (Jan\u2013Mar); Q3 Super Guarantee contributions due<\/td>Businesses<\/td><\/tr>
15-May-27<\/strong><\/td>Extended tax return deadline for FY2025\u201326 via registered tax agent<\/td>Individuals & Businesses<\/td><\/tr>
30-Jun-27<\/strong><\/td>FY2026\u201327 ends; super must be cleared by fund to be deductible<\/td>All<\/td><\/tr>
28-Jul-27<\/strong><\/td>Q4 BAS due (Apr\u2013Jun); Q4 Super Guarantee contributions due<\/td>Businesses<\/td><\/tr>
31-Oct-27<\/strong><\/td>Individual tax return deadline for FY2026\u201327 (self-preparers)<\/td>Individuals<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

What\u2019s New for FY2026\u201327? <\/strong><\/h3>\n\n\n\n