PAYROLL TAX RATES AND THRESHOLDS

The applicable payroll tax rates and thresholds for FY 2023 are the following:
•ACT – The Payroll Tax rate and thresholds remain unchanged at 6.85%
with an annual threshold of $2 million in annual Australian Taxable wages;
•NSW – The Payroll Tax rate is set to increase to 5.45% whilst the annual
the threshold remains unchanged at $1.2 million in annual Australian
Taxable wages;
•NT – The Payroll Tax rate and thresholds remain unchanged at 5.50%
with an annual threshold of $1.5 million in annual Australian Taxable
wages;
• QLD – The Payroll Tax rate and thresholds remain unchanged from
4.75% to 4.95% with an annual threshold of $1.3 million in annual
Australian Taxable wages;
• SA – The Payroll Tax rate and thresholds remain unchanged at a
maximum of 4.95% with an annual threshold of $1.5 million in annual
Australian Taxable wages;
• TAS – The Payroll Tax rate and thresholds remain unchanged at 6.1%
with an annual threshold of $2 million in annual Australian Taxable
wages;
•VIC – The Payroll Tax rate and thresholds remain unchanged at 4.85% or
2.425% (applicable to regional employers) with an annual threshold of
$2 million in annual Australian Taxable wages;
•WA – The Payroll Tax rate and thresholds remain unchanged at 5.5%
with an annual threshold of $1 million in annual Australian Taxable
wages;

PANDEMIC LEAVE DISASTER PAYMENT

• In recognition of the risks associated with more infectious new covid -19
variants through the winter period, the commonwealth agreed to
reinstate the Pandemic Leave Disaster Payment to 30 September 2022,
which was otherwise set to end on 30th June 2022.

CENTS PER KILOMETRE RATES INCREASES

• The commissioner of Taxation has determined that the rate is 78 cents
per kilometer and applies to eligible taxpayers who elect to use the
cents per kilometre method when calculating income tax deductions for
their work -related car expenses.
The rate applies to the income year commencing 1 July 2022 and
remains applicable to subsequent income years until such time as the
Commissioner of Taxation, having regard to subsection 28- 25(5),
determines that it should be varied