e-PayDay Go® ensures your Single Touch Payroll (STP) 2025 End Of Financial Year (EOFY) is less stressful.
- Brett Reed
- Jun 15
- 3 min read
Updated: 2 days ago
We have great news for e-PayDay Go® users now that the EOFY is here. With our new cloud payroll, you no longer have to send your final event to the ATO before processing a pay run in the new financial year. We recognise the added stress this requirement caused with our Legacy Desktop Payroll, and we are confident you appreciate the change.
As always, we have provided our popular EOFY Cheat Sheet and Survival Guide to assist you.
The Superannuation Guarantee is 12% from 1 July 2025.
With this change, we've got you covered. e-PayDay Go® automatically notifies you when processing a pay run that the Employer SG Percentage is below 12% (on or after 1 July 2025). You have complete control over the SG rate and can apply the new rate automatically.
This increase applies to any payment (subject to SG) made to payees on or after 1 July, even if the work was performed in June or earlier.
For example, if a pay run paid on 1 July includes hours worked in June, the 12% SG rate applies.
STSL threshold increase.
The Government is making the HELP and student loan repayment system even fairer by changing the repayment system and increasing the amount people can earn before they are required to start repaying their loan.
The minimum repayment threshold will change from $54,435 in 2024-25 to $67,000 in 2025-26. This change has been incorporated into e-PayDay Go® and will automatically calculate according to the new thresholds.
From 1 July 2025 the way you treat and report back payments is changing.
From 1 July 2025, the $1,200 threshold for Lump Sum E will be removed, and e-PayDay Go® has been updated to meet the new requirements.
All back payments accrued more than 12 months before the payment date should be treated as lump sum E, regardless of the amount. This change is due to legislation changing how lump sum payments in arrears are treated for Medicare levy purposes.
Before 1 July 2025, you must report a back payment as Lump sum E if the amount was equal to or greater than the lump sum E threshold of $1,200.
The $1,200 threshold no longer applies after 1 July 2025. Any amount that qualifies as a lump sum E payment must be reported as Lump sum E.
The Fair Work Commission 3.5% minimum wage increase made easy with e-PayDay Go®.
Our powerful Update Awards Automation Tool continually monitors the Modern Awards and immediately notifies employers of changes. This versatile built-in functionality also streamlines the complex process of adjusting wages in response to FWC's Wage changes. Employers can also decide whether their above-award rate should be adjusted to reflect the increase or absorbed.
Remember your Fair Work Voluntary Small Business Wage Compliance Code obligations as you start the new financial year.
The Fair Work Ombudsman (FWO) introduced the Voluntary Small Business Wage Compliance Code, designed to empower employers to understand their responsibilities and effectively reduce risks. Although the Fair Work Voluntary Small Business Wage Compliance Code is provided explicitly for small businesses with fewer than 15 employees, it offers valuable guidance that can benefit all employers. A small business employer's conduct will not be referred for potential criminal prosecution if Fair Work is satisfied that the employer complies with the Code and that an honest mistake has been made. Learn more about the key steps employers should take to avoid wage theft prosecution.
How to obtain support at the Single Touch Payroll End Of Financial Year (EOFY).
At the end of the financial year, we receive a significant increase in support queries, which can strain our resources. Support is available by submitting a request, but please be aware that there may be a delay in response. While we always strive to contact you on the same business day, depending on the number of tickets and support team resources, we may not respond until the next business day. We appreciate your understanding and patience when contacting support during the busiest period of the payroll year.
We recommend reviewing our disclaimer concerning the content of this post to remain informed and make suitable decisions for your circumstances.
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