• Changes to Payroll Tax

    Following the Budget announcement, amendments to the Pay-roll Tax Act 2002 and Pay-roll Tax Assessment Act 2002 establishing a tiered payroll tax scale have been introduced into the Parliament.

    The tiered scale, which is to commence on 1 July 2018 for a five year period, will affect the rate of payroll tax applied to the proportion of an employer’s or group of employers’ WA taxable wages that relate to their Australia-wide taxable wages such that:

    • for an employer or group of employers paying taxable wages of $100 million or less – the rate applied to that part of their WA taxable wages will remain at the current 5.5 per cent.
    • for an employer or group of employers paying taxable wages of between $100 million and $1.5 billion – the rate applied to that part of their WA taxable wages will be increased to 6 per cent.
    • for an employer or group of employers paying taxable wages of $1.5 billion or more – the rate applied to that part of their WA taxable wages will be increased to 6.5 per cent.

    More updates will be provided as the amendments progress through Parliament.

    Published date: 25 October 2017