Newsletter; Payroll tax changes
Payroll tax changes
A payroll tax liability arises in SA when an employer has a wage bill (including superannuation) in excess of $600,000 per year. Additional wages above this amount are subject to payroll tax at the following rates:
| Effective Date | Annual Australian Taxable Payroll | |||
| Does not exceed $600 000 |
Exceeds $600 000 but not $1 million |
Exceeds $1 million but not $1.5 million |
Exceeds $1.5 million | |
| from 1 July 2017 | nil | 2.5% | variable from 2.5% to 4.95% | 4.95% |
| 1 July 2009 to 30 June 2017 | nil | 4.95% | ||
| 1 July 2008 to 30 June 2009 | nil | 5% | ||
A payroll tax rebate applies from 1 July 2013 to 30 June 2017 (2.45% for employers with wages under $1m then it phases out at $1.2m). This rebate is paid after the annual reconciliation is completed.
