Payroll Tax

HomeLearning CentreEmployer Hub

Payroll Tax

Let's face it – payroll tax can be a real nuisance. It's a tax that seems to punish you for hiring and growing your team. All Australian states and territories have their own system and impose a payroll tax on wages paid by employers when their total taxable wages exceed a certain threshold. This tax is self-assessed and must be lodged by the employer. You pay a percentage of tax on wages above the thresholds.

Navigating the world of payroll tax might not be your idea of fun, but it's essential for the financial health of your small business. By avoiding these common blunders – like misclassification, missing taxable components, falling into the grouping trap, and neglecting accurate record-keeping – you can ensure that you're not blindsided by unexpected liabilities and penalties.

Stay informed, seek professional advice when needed, and master the art of payroll tax compliance to keep your small business thriving.

Dedicated to helping small businesses thrive.

Our team of expert accountants and small business advisers will guide you in running a successful, profitable, and compliant business, ensuring you can focus on what you do best. Take the first step towards achieving your business goals with confidence.