I’ve been receiving a lot of enquiries regarding the status of contractors in regard to payroll tax and thought it timely to elaborate on the issue. From the many people I’ve spoken to, many businesses don’t realise they might be at risk of having to pay payroll tax on payments
Managing payroll tax compliance in Australia can be a complex task, particularly for businesses with operations spanning across multiple states. Each state and territory has its own thresholds, tax rates, legislation and guidelines, which can pose challenges for compliance. For businesses that have embraced remote working this could add another
Originally published July 19, 2017. This post was updated to improve accuracy and comprehensiveness on April 26th, 2023. Avoid Costly Payroll Tax Mistakes: A Comprehensive Guide With payroll tax making headlines, it’s not surprising that many businesses are keen to understand their own payroll tax issues. Payroll tax is a
There has been a recent shift in focus by the State Revenue Offices throughout Australia targeting medical practices which engage doctors as contractors. A shift which may have implications for medical practices in regard to payroll tax obligations. It is not uncommon for medical practices to reach an agreement with
Medical and Other Professional Practices and Payroll Tax Because of the decision in Commissioner of State Revenue (Vic) v The Optical Superstore Pty Ltd as trustee for OS Management S Trust & Ors, [2019] VSCA 197 (“the Optical Superstores case”) the Offices of State Revenue throughout Australia are investigating medical
Security and Cleaning Companies Impacted by Employment Agency Provisions Payroll Tax – How The Employment Agency Provisions Impact on Cleaning and Security Service Companies Background The Employment Agency provisions of the Payroll Tax Act were introduced in 2008 as part of the harmonisation of the payroll tax laws of Queensland,
What is payroll tax? Payroll tax is a State or Territory Government tax on wages paid by employers. Each State or Territory has its own threshold and rate for payroll tax. If your wages are below the threshold then you don’t pay payroll tax. Details of each State and Territory
The current exposure of many cases of wages underpayment sends a strong message to all Australian businesses, small and large. Businesses must be on high alert. Whether intentionally or accidentally, if you are underpaying your staff, there is an increasing chance that you will get caught. The results can be
Payroll tax on management fees. With payroll tax quite a significant impost for many businesses, astute operators have done their homework over the years. They have called in the experts where necessary and structured their business to effectively manage and minimise their obligations under the law. However, there is still one
I realise the hurdles small businesses face particularly when you start to expand and take on more staff. One such hurdle is coming to grips with payroll tax. There is so much government compliance work to do these days. And sometimes things can creep up on you without expecting. Take
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 industry, our principal will give you the best outcome for your business tax goals. Contact us today to discuss your employment tax obligations.
About