Payroll Tax Reporting & Lodgment

Depending on the size of your business, you may have to pay a payroll tax.

About Bookkeeping can help your business keep track of your payroll tax requirements so you’re never caught out.

The Queensland Government requires that any business that pays over $1.1m in wages a year to its employees must pay an additional payroll tax; currently this rate is 4.75%.

As an employer you are required to register for payroll tax when certain conditions are met. Though you might not be subject to the requirements for payroll tax, changes in your business can mean it becomes necessary to register.

About Bookkeeping can keep track of where your business stands in relation to payroll tax and ensure your business is always meeting your legal requirements.

If you would like us to help you with your payroll tax, are unsure where you stand, or would simply like more information, please contact us

Please note that Payroll Tax Rates and thresholds vary from state to state in Australia.

State or Territory Tax rate (%) Exemption threshold
Queensland 4.75 $1,100,000
Victoria 4.90 $550,000
South Australia 4.95 $600,000
New South Wales 5.45 $750,000
Western Australia 5.50 $750,000
Northern Territory 5.50 $1,500,000
Tasmania 6.10 $1,250,000
Australian Capital Territory 6.85 $1,750,000