Payroll tax is payable when an employer’s (or group of employers’) total Australian taxable wages exceed the threshold amount of $1 million per year (or exceed $83,333 during any one month).
Australian taxable wages are the total taxable wages paid or payable by an employer or group of employers across all Australian jurisdictions in an assessment year. Wages are paid or payable to or in relation to an employee, whether in cash or in kind and may be:
- wages
- remuneration
- salary
- commission
- bonuses
- allowances.
