Blog Article

State-by-State Payroll Tax Obligations

see posted in Payroll by

go to site When your national wages reach above the threshold for the state or territory you pay taxes in, you need to register with the revenue office for payroll tax. However, if you’re only paying wages for part of the financial year, the threshold is reduced. There are generally six types of wages subject to payroll tax. These include:

دعوة الخيار ثنائي سبيل المثال go site 1. Termination payments
follow 2. Allowances
here 3. Fringe benefits
منصة التداول بالخيارات الثنائية لنا 4. Superannuation
الخيارات الثنائية المراجعة اليومية 5. Bonuses and commissions; and, 6. Total gross wages Payroll Taxes: State by State Analysis Each Australian state and territory has varying requirements when it comes to payroll tax. It is self assessed on wages which are payable by employers to employees. When a particular amount has been reached, this is when the employer must register for payroll tax.

  • click here ACT: Employers in the ACT are obliged to register for payroll tax when their Australian wages reach $1.75 million annually, or approximately $145,833 a month. The payroll tax rate for the ACT is 6.85%.
  • follow url NT: Employers in the Northern Territory have to register for payroll tax when their total wages reach $1.5 million annually or approximately $125,000 a month; and their payroll tax rate is 5.5%.
  • click QLD: Employers from Queensland must register for payroll tax when their Australian wages reach $1.1 million annually or approximately $91,667 a month. Their payroll tax rate is 4.75%.

Note: Payroll tax may also apply to payments to contractors you use in your business, as well as director’s fees.
الخيارات الثنائية على إي تريد فاينانشال كورب Useful Links for Further Information

If you are looking for specific information regarding a particular state, view the link below to navigate to the relevant state’s government website.

Alternatively, visit the Australian Tax Office or the Standard Business Reporting website for further information. The Tax Institute also contains valuable information regarding different types of tax, including payroll tax.

If you’re looking for a service to assist you with your payroll tax, feel free to give us a call on 1300 725 647 or click here to email us directly.

02 Apr, 15

about author



خيار التداول الثنائي في المملكة المتحدة related posts



latest comments

There are 0 comment. on "State-by-State Payroll Tax Obligations"