We are one of only a few legal firms in Australia that specialise in payroll tax. This means our indirect tax consultants truly understand that our clients often require innovative solutions in order to achieve their objectives – ultimately, to build upon, grow and further develop their business. As a specialised law firm, you can rest assured that the advice you receive from us will be specific to your needs and that the information we provide is second to none. We will take the time to get to know your business, how you operate and how your payroll is structured so that we can assist you in ensuring that you are compliant with the current laws and regulations around these specific matters.
What is payroll tax?
Payroll tax is collected by each state or territory government from businesses located in their jurisdiction. The tax is calculated on the amount of wages, superannuation, and any other benefits you pay your employees and includes directors’ fees and sometimes payments to contractors. Payroll tax lies in contrast to income or company tax, which the Federal Government collects from individuals and companies.
We understand that understanding these various taxes does not always come easy to business owners which is why we do our best to ensure you have all the information you need to meet your legal requirements and obligations. Not doing so may result in penalties and interest charges which takes a toll on any business owner. We are here to answer your questions and provide you with detailed advice and information, so you always know where you stand.