From 1 July 2024, the payroll tax free threshold lifted from $700,000 to $900,000 for annual returns, and from $58,333 to $75,000 for monthly returns.
From 1 July 2025, the payroll tax free threshold will be lifted from $900,000 to $1,000,000 for annual returns, and from $75,000 to $83,333 for monthly returns.
There will also be a phasing of the threshold for every dollar of wages above $3,000,000.
Businesses with Australian wages above $5,000,000 will not receive any payroll-tax free threshold.
Before you start
You will need to know:
- The number of days you/your group employed in Australia for the year
- Victorian wages/group Victorian wages
- Interstate wages/group interstate wages.
Please note: you will require Microsoft Excel to use this calculator.
Calculate your threshold amount
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- This calculator may only be used for reference purposes.
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