QLD Payroll Tax

Queensland Payroll Tax

The annual payroll tax exemption threshold in Queensland will increase to $1.1 million from 1 July 2012.

Queensland employers should review their wage costs and assess whether their taxable Queensland wages will be less than $1.1 million in the 2012-13 financial year.  If so, they are exempt from payroll tax and either do not need to register or can de-register for payroll tax where they had previously been required to register with the Office of State Revenue.

For more information contact your IPS Adviser on (07) 55 813 200