02 9683 5999The annual threshold for NSW payroll tax for the period 1 July 2013 to 30 June 2014 is $750,000 with a tax rate of 5.45%.
This threshold is reduced if a business is only paying wages for part of the year or a business pays wages in another Australian State. If there are two or more businesses which are related and pay wages, the businesses are required to be grouped and have one threshold available across the group.
When determining if your business exceeds the payroll tax threshold all liable wages need to be totalled including salaries, wages, superannuation, allowances, bonuses, commissions, contractor payments, fringe benefits and salary sacrifice amounts.
