Payroll Tax Rates
What is Payroll Tax?
Payroll tax is a tax imposed by states and territories in Australia. It applies to the employer or a group when the wages paid or payable to its employees surpasses the threshold amount.
What are the prevailing Payroll Tax rates and thresholds?
The following table elaborates the Payroll tax and thresholds applicable in different Australian states and territories.
| Sr. No. | State / Territory | Rate | Threshold (Monthly) | Threshold (Annually) |
|---|---|---|---|---|
| 1. | Australian Capital Territory | 6.85% | $154,166.66 | $1,850,000 |
| 2. | New South Wales | 5.45% | $57,534 (28 day month) $61,644 (30 day month) $63,699 (31 day month) |
$750,000 |
| 3. | Northern Territory | 5.50% | $125,000 | $1,500,000 |
| 4. | Queensland | 4.75% | $91,666 | $1,100,000 |
| 5. | South Australia | 4.95% | $50,000 | $600,000 |
| 6. | Tasmania | 6.1% | $95,890 (28 day month) $102,740 (30 day month) $106,164 (31 day month) |
$1,250,000 |
| 7. | Western Australia | 5.5% | $66,667 | $800,000 |