How many small Companies pay payroll...

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    How many small Companies pay payroll tax?

    State/Territory

    Rates

    Thresholds

    Maximum Annual
    Deduction Entitlement*

    1

    Australian Capital
    Territory

    6.85%

    Annual $2 000 000

    Monthly $166 666.66

    Same as annual threshold

    2

    New South Wales

    5.45%

    Annual $1 200 000

    Same as annual threshold

    3

    Northern Territory

    5.5%

    Annual $1 500 000

    Monthly $125 000

    Weekly $28 846

    Same as annual threshold

    4

    Queensland (Qld)

    4.75% $6 500 000 or less

    4.95% more than $6 500 000

    Regional employersmay be entitled to a 1% discount on the rate
    until 30 June 2023.

    From 1 January 2023, amental health levy will apply to employers and groups
    of employers
    who pay more than $10 million in annual Australian taxable wages.

    • Additional 0.25% (primary rate) more than $10 million (primary threshold).

    • Additional 0.25% (primary rate) + 0.5% (additional rate) more than
      $100 million (additional threshold).

    For the 2022–23 financial year, thethresholds are adjusted to accommodate
    the levy commencing during the financial year.

    Annual $1 300 000

    Monthly $108 333

    Same as annual threshold

    5

    South Australia

    0% to 4.95% Exceeds $1 500 000 but not $1 700 000

    4.95% Exceeds $1 700 000

    Annual $1 500 000

    Monthly $125 000

    Weekly $28 846

    $600 000

    6

    Tasmania

    4% $1 250 001 - $2 000 000

    6.1% $2 000 001 or more

    Annual $1 250 000

    Weekly $24 038

    Same as annual threshold

    7

    Victoria

    4.85%

    1.2125% for regional employers

    Annual $700 000

    Monthly $58 333

    Same as annual threshold

    8

    Western Australia

    5.5% - 6.5%

    Annual $1 000 000

    Monthly $83 333

    Same as annual thresho


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