Minimise Payroll Tax

How to minimise payroll tax

We understand that running your business is complicated enough without the added pressure of calculating payroll taxes. At Tobin Partners, we can help you navigate the numerous factors that relate to workplace taxes regardless of whether you are a new startup business or have been trading for many years. Our experienced and skilled lawyers will provide you with a personalised service where you will receive professional advice and tax solutions for your business.

What you need to know about payroll tax

Various factors will influence your obligation for your employer payroll tax. These requirements vary across each state, and our professional lawyers can help you to understand how they affect your business. We will take the time to learn your business goals and offer knowledgeable advice based on our years of experience on how to best minimise your payroll taxes.

When do you need to register for payroll tax?

You must register for payroll tax when your wages exceed the threshold  for each state or territory. Your payable tax amount is then calculated based on your monthly wages paid to your employees and sometimes your contractors. There are a number of components that are regarded as wages including penalty rates, overtime, holiday pay, bonuses, commission, directors’ fees, superannuation and more that you need to account for in your taxes. We will ensure that you have all the information you need to meet your tax obligations.

Can you be exempt from paying payroll tax?

There may be some cases where your business is exempt or partially exempt from paying payroll tax. For example, if you are a charity or work with contractors, your monthly wages may vary. Our payroll tax services will clarify whether your business is exempt from paying taxes, and will help you navigate grouping, contractor and employment agency provisions and calculate your total wages. We will provide you with realistic working tax solutions that are specific to your business.

How A Payroll Tax Lawyer Can Help You Minimise Payroll Tax​

From new companies to long-standing businesses, we provide skilled and knowledgeable advice tailored to your specific workplace goals. At Tobin Partners, we pride ourselves on creating legal, innovative, custom solutions for each of our clients to achieve their individual objectives. We will offer professional advice for structuring your new business or restructuring your existing one so that you can effectively minimise your payroll tax.

Our staff will work as your payroll tax consultants, and will provide you with assistance in any payroll tax audits that you need to undertake. With our skills and knowledge of the state tax systems, we will ensure that you are aware of your rights and obligations regarding registering and payment of taxes.

We have a wide range of experience in litigation to help you through a number of situations, including if you believe the Commissioner of State Revenue has treated you unfairly, or you have had proceedings already been taken out against you, or you want to claim for a payroll tax refund. We will provide you with professional and sound advice concerning your chances of a favourable outcome with your case.

Specialising in Payroll Tax Law

Contact Tobin Partners

Our law firm is adept in dealing with payroll tax and everything that it encompasses. We thoroughly understand our clients’ needs and can provide you with advice and solutions that are specific to your needs. With more than 30 years of experience in the legal profession, our principal will give you the best outcome for your business tax goals. Contact us today to discuss your payroll tax obligations.

Call Peter Tobin 0438 001 809