Payroll tax
From 1 July 2007 to 30 June 2008 the rate of payroll tax is 6% and the threshold is $600,000
From 1 July 2008 to 31 December 2008 the rate of payroll tax remains 6%
From 1 January 2009 to 30 June 2009 the rate of payroll tax will be 5.75%
From 1 July 2008 to 30 June 2009 the threshold is $623,000.
Employers, or a group of related businesses, whose total Australian wages exceed the current NSW monthly threshold, are required to pay NSW payroll tax.
Monthly threshold
28 days = $47,792
30 days = $51,205
31 days = $52,912
Each monthly payment or 'nil' remittance is due seven days after the end of each month or the next business day if the seventh day is a weekend (ie August payment is due by 7 September). The annual reconciliation and payment or 'nil' remittance is due by 21 July.
Effective July 2007 - In NSW, payroll tax is levied under the Payroll Tax Act 2007 and administered by the Taxation Administration Act 1996.
Prior to 1 July 2007 - In NSW, payroll tax was levied under the Pay-roll Tax Act 1971 and administered by the Taxation Administration Act 1996.
More information
