Payroll Tax Update

A reminder to employers that from 1 July 2014, the payroll tax exemption threshold in Western Australia was increased from $750,000 to $800,000 per annum.

Also, from 1 July 2015, there will be a gradual withdrawal of the exemption threshold for payrolls between $800,000 and $7.5 million. Employers with payroll above $7.5million will be subject to payroll tax at the current rate of 5.5%, with no exemption threshold granted. This contrasts with the current approach where all employers are exempt from payroll tax on the first $800,000 of payroll, regardless of their size.

Finally, an increase in the payroll tax threshold to $850,000 has been delayed by one year, from 1 July 2016 to 1 July 2017.

Read More
JobKeeper 2.0 applies from 28 September 2020The first tranche of JobKeeper ended on 27 September 2020 (commenced 30 March 2020).  The second tranche runs from 28 September to 3 January 2021 and the third tranche runs from 4 January 2021 to...
Read More