Payroll tax is a self-assessed, general purpose state and territory tax assessed on wages paid or payable by an employer to its employees, when the total wage bill of an employer (or group of employers) exceeds a threshold amount.
Not all businesses have to pay payroll tax. You pay when your total Australian wages are over the tax-free threshold for the relevant state or territory. Thresholds and tax rates vary between states and territories.
We at Jack Salem & associates can assist you with all your payroll tax needs.
Taxation minimisation strategies can make a big difference to your wealth creation and tax planning. Our expert team use their extensive knowledge and experience of Australian taxation legislation to ensure the best possible outcome for you or your business with targeted and comprehensive tax advice.