Tax and Structures

Tax for business owners

Payroll tax

Employers, or a group of related businesses, whose total Australian wages exceed certain thresholds may be liable to pay payroll tax.

The threshold is based on how much you pay in wages and differs across states and territories.

For example, the current NSW yearly threshold from 1 July 2019 to 30 June 2020 is $900,000 per annum increasing to $1m from 1 July 2020.

The NSW payroll tax rate for wages above this threshold is currently 5.45%.