SRO Payroll tax CHANGES FROM 1 JULY 2024

From 1 July 2024, the payroll tax free threshold will be lifted from $700,000 to $900,000 for annual returns, and from $58,333 to $75,000 for monthly returns.

From 1 July 2025, the payroll tax free threshold will be lifted from $900,000 to $1,000,000 for annual returns, and from $75,000 to $83,333 for monthly returns.

Article posted 20/06/2024