30 June 2026 is almost here. Every Australian employee needs one thing sorted before the clock runs out: your end of financial year payslip checked against your actual records. Errors caught now take a five-minute conversation with payroll to fix. Errors caught after you lodge your tax return take weeks and a lot more paperwork. Run through this checklist now.
- YTD gross earnings on your final June payslip must match your own pay records
- PAYG withheld must align with your income tax bracket — cross-check against ATO tax tables
- Super contributions must reflect the 11.5% SGC rate for FY2025-26
- Payment summary vs payslip — two different documents; cross-check both after 14 July
- Employers can generate compliant payslips via PayslipMate before the 30 June deadline
What to Check on Your Payslips Before 30 June 2026
Under the Fair Work Act, your employer must issue a payslip within one working day of each pay day — including the final pay of the financial year. That document is your running record. Three things on it demand close attention.
1. YTD Gross Earnings
- Your year-to-date gross should equal the sum of every pay period since 1 July 2025 — add them up yourself, don't just trust the number
- Cross-reference against your bank deposits or a personal pay log; a simple spreadsheet is enough
- If your employer changed payroll systems mid-year, YTD resets are a known trap — request a reconciliation report from payroll before EOFY
2. PAYG Withheld
- Cumulative PAYG withheld should match your income bracket — check our PAYG withholding guide and the 2026 Australian tax brackets to sense-check the figure
- Common errors: tax-free threshold applied to the wrong job, or a bonus taxed at the wrong marginal rate
- Multiple employers during the year? Each payslip only shows that employer's withholding — you need to total them yourself
3. Superannuation Contributions
- The Super Guarantee rate for FY2025-26 is 11.5% of ordinary time earnings — non-negotiable, ATO-legislated
- Check each pay period individually, not just the EOFY total; quarterly payers often show a lump sum that obscures gaps
- Contributions missing or low? Act before 30 June — your SGC rights give you a direct ATO recourse pathway
“"Your payslip is your running record. The ATO income statement is the year-end tax document. Both figures must match — before you lodge anything."
Payment Summary vs Payslip: What's the Difference?
These are not the same document, and confusing them is the most common EOFY mistake employees make. Your payslip is issued by your employer each pay period under the Fair Work Act — it's real-time, it's yours, and it's issued all year. Your income statement (formerly called a payment summary) is what your employer lodges with the ATO via Single Touch Payroll. It appears in myGov after 14 July and pre-fills your tax return.
The problem: if your employer's STP data is wrong, your pre-filled return is wrong. Once your final June payslip is in hand, record the YTD figures. When your income statement lands in myGov after 14 July, compare them line by line. A discrepancy almost always means a data-entry error or missed STP submission on the employer's side. Ask them to lodge an STP correction before you lodge — it's faster than an amendment after the fact.
For a full breakdown of what a legally valid payslip must contain, see our guide to Fair Work Act payslip requirements for 2026.
Employers who issue inaccurate payslips face Fair Work infringement notices of up to $16,500 per contravention for a body corporate (2026 penalty unit rates). EOFY accuracy isn't a courtesy — it's a statutory obligation with real dollar consequences.
How to Generate EOFY-Compliant Payslips with PayslipMate
Sole traders and small employers hit EOFY every year with payslip gaps they didn't notice in July. Late or missing payslips create parallel exposure: ATO record-keeping obligations and Fair Work Act contraventions at once. Three steps closes that gap fast.
- 1 Go to payslipmate.com/generate — no account required to start
- 2 Enter YTD earnings, PAYG withheld, and super contributions — PayslipMate calculates PAYG automatically from ATO tax tables and includes every Fair Work-required field
- 3 Download and store the compliant payslip — ATO record-keeping rules require at least seven years of retention
Need detail on every field? The full walkthrough is in our guide on how to create a payslip in Australia. The deadline is 30 June. This is not a July problem.
Before 30 June 2026: confirm YTD gross, PAYG withheld, and 11.5% super contributions are accurate on your final payslip. After 14 July: cross-check those figures against your ATO income statement in myGov. Any mismatch needs an STP amendment from your employer before you lodge. Corrections after lodgement take longer, involve the ATO directly, and delay your refund. Fix it in the next few days, not in August.
EOFY Payslip FAQs
Do Australian employers have to provide a payslip at the end of the financial year?
Yes. Under the Fair Work Act, employers must issue a payslip within one working day of every pay day — including the final pay of the financial year. There's no separate "EOFY payslip" requirement, but all YTD figures must be accurate before 30 June. Gaps are a compliance issue, not a clerical oversight.
What is the superannuation rate on payslips for FY2025-26?
11.5% of ordinary time earnings — legislated by the ATO for FY2025-26. Your payslip should reflect this every pay period. If contributions are lower or absent, contact your employer or lodge a complaint directly with the ATO before you file your return.
My PAYG withheld on my payslip doesn't match my ATO income statement — what do I do?
Compare your final June payslip's YTD PAYG figure with the income statement in myGov, available after 14 July. Discrepancies nearly always trace to a data-entry error or a missed STP submission. Ask your employer to lodge an STP amendment before you lodge your return — the pre-fill data updates once the correction is processed, and you avoid a manual amendment later.
Pull your payslips now. Run through the three checks above. Raise any issues with your employer this week, while there's still time to fix them before 30 June 2026.
Generate Your EOFY Payslip Before 30 June
Fair Work-compliant payslips in minutes — PAYG calculated automatically, every required field included.
Generate Your EOFY Payslip Now →Bottom Line
Your EOFY payslip is a legal document, not a courtesy.
- YTD PAYG must match your ATO income statement — chase discrepancies before 30 June
- Superannuation at 11.5% is a legislated entitlement, not optional — verify every quarter
- Missing or incorrect payslips are a Fair Work compliance breach, not an admin oversight
- STP amendments can be lodged by your employer — always request corrections in writing
If your employer can't or won't fix errors before 30 June, lodge a complaint with the Fair Work Ombudsman or contact the ATO directly via myGov.
Shawn Martinez, CPA
Senior Tax Accountant
Shawn Martinez is a Certified Public Accountant with over 12 years of experience in Australian taxation and payroll compliance. He specializes in PAYG withholding, superannuation regulations, and ATO compliance for small to medium businesses.
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