Payroll tax is a state tax calculated on wages paid, or payable, by employers and applies in all Australian states and territories.
For payroll tax purposes, wages include:
- salaries
- allowances
- director’s fees
- super
- the grossed-up value of fringe benefits.
Employers are required to self-assess their liability on a monthly basis, with an annual adjustment reconciliation performed at the end of the financial year.
Employers with an expected payroll above $550,000 per year should check registration requirements and payroll tax rates in their state.
We exchange wage-related and other information with the state and territory revenue offices help in the proper identification and accurate assessment of tax liabilities.
https://www.ato.gov.au/Business/PAYG-withholding/Registering-for-PAYG-withholding/Payroll-tax/
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