Infographic: HR’s end-of-financial-year checklist for 2024

Amanda Caliao
&

Are you aware of upcoming legislation changes? Have you submitted all expense claims? In this infographic, HRM shares some timely reminders for HR for the end of the financial year.  

Preparing for the end of the financial year (EOFY) can sometimes feel like a never-ending to-do list for even the most experienced of HR practitioners.

As well as preparing for BAU tax-time tasks, such as supporting business unit leaders to determine FY25 budgets and enabling them to conduct fair performance and pay reviews, HR practitioners also need to stay abreast of a host of upcoming legislative changes. Failing to do so can open your organisation up to unnecessary risk. 

The infographic below can be used as a handy checklist for HR to work through this EOFY. Plus, HRM shares some tax deductions HR practitioners can claim for their business.

Download a PDF of the checklist here.

AHRI members can access a range of useful templates, guides and more via AHRI:ASSIST. Learn about more practical member benefits here.

 

RELATED CONTENT

  • Featured, Legal, Strategic HR, Workforce Effectiveness

Every employee now has an AI ‘lawyer’ in their pocket. Is your organisation prepared?

AI is helping workers research, build and articulate workplace complaints with legal precision – and employers are scrambling to keep up.
Read More
  • Featured, Legal, Organisational enablement

Can employers restrict employees from holding a second job?

Almost one million Australians now hold more than one job. But what if an employee’s second job interferes with their work or their employer’s interests? Here are two FWC cases that clarify how far employers can go to restrict secondary employment.
Read More
  • Featured, Legal, Trusted partnership
Woman at a computer

What are the long-term considerations of the recent minimum wage and award increases?

With the minimum wage and award increases fast approaching, here’s how HR can help their organisations to assess their options.
Read More