Payroll tax is a tax on wages paid or payable by an employer to its employees. This occurs when the total wage bill of an employer (or group of employers) exceeds a threshold amount.
The payroll tax rates and thresholds vary between states and territories, which is updated at the start of every financial year (1st July).
Returns have to be lodged, payment of liability made, and an agreed frequency (monthly, quarterly, or annually) to the respective revenue office, which the wage payment is deemed liable.
For more information visit www.payrolltax.gov.au