Payroll Tax and Discretionary Trusts – Check your Trust Deed
3 April, 2017
Author Amy Harper
Payroll tax is applied to a business' New South Wales wages that exceed the payroll tax threshold (for the financial year of 2016-17 this is $750,000).
However if a business is determined to be part of a 'group of businesses' then there is only the single payroll tax threshold for all of the businesses in the group and each business is jointly and individually liable for the payroll tax.