Payroll tax is a state tax that is calculated on wages paid or payable. Employers (or groups of employers) with Australian wages that exceed $1.25 million per annum (or $24 038 per week during a month) are required to be registered in Tasmania. Australian wages comprise both Tasmanian wages and all interstate wages.
In general, any remuneration attributed to employees is included in your total Australian wages. Common items are wages, salaries, commissions, bonuses, allowances, director's fees, fringe benefits, payments in kind, eligible termination payments and superannuation contributions.
For the 2022-23 financial year, if your total annual Australian taxable wages are between $1.25 million and $2 million, payroll tax will be calculated at 4%. If your total annual Australian taxable wages exceed $2 million, payroll tax will be calculated at 6.1%.
