Accountants & bookkeepers compliance obligations in New South Wales: 100–499 employees, turnover $100M–$1B
Computed by the Rules Mate applicability engine for a Pty Ltd company with 100–499 employees, turnover $100M–$1B, in accountants & bookkeepers, operating in New South Wales and selling to consumers and small businesses.
Short answer: 76 obligations
76 obligations apply (27 critical) across 31 regulators, plus 12 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity. These carry licence conditions, regulator audit and per-contravention civil penalties.
Turnover $100M–$1B instead of $10M–$100M: what changes
Compared with a Pty Ltd company with 100–499 employees, turnover $10M–$100M in New South Wales, 10 obligations apply that did not.
- Applies: AASB S2 Scope 3 emissions + assurance phase-in
- Applies: Lodge mandatory climate-related financial disclosures (ASRS S2)
- Applies: Publish an annual Modern Slavery Statement
- Applies: Maintain auditor / financial reporting (Chapter 2M)
- Applies: Comply with corporate whistleblower protections (Part 9.4AAA Corporations Act)
- Applies: Lodge Payment Times Reports (large business)
- Applies: ASRS Group 3 climate disclosure — FY commencing on/after 1 July 2027
- Applies: Scope 3 emissions disclosure (AASB S2 + voluntary)
- Applies: Modern Slavery Statement (Cwlth)
- Applies: Climate scenario analysis (AASB S2)
New South Wales law that applies
5 New South Wales obligations apply on these facts:
| Obligation | Why it applies |
|---|---|
| PCBU primary duty of care (NSW WHS Act s 19) | Every business is a PCBU — the primary duty of care applies whether or not you employ anyone · NSW law |
| Notify SafeWork NSW of notifiable WHS incidents | Every PCBU must notify the regulator of notifiable incidents (death, serious injury, dangerous incident) · NSW law |
| Pay NSW payroll tax when threshold met | 100–499 employees — wages far exceed the NSW payroll tax threshold of $1.2M |
| Pay long service leave under the LSL Act 1955 (NSW) | You have employees (100–499) · NSW law |
| Comply with Workplace Surveillance Act 2005 (NSW) | You have employees (100–499) · NSW law |
Payroll tax in New South Wales (FY2026-27)
NSW: 5.45% on Australian wages above the $1.2 million tax-free threshold (FY2026-27). On these facts it applies: 100–499 employees — wages far exceed the NSW payroll tax threshold of $1.2M.
- How the threshold works
- Flat tax-free threshold, apportioned by the share of Australian wages paid in NSW and by days employed; only one group member claims it.
- Returns
- Monthly by the 7th of the following month; annual reconciliation by 28 July
- Administered by
- Revenue NSW
New South Wales regulators
Where the obligations sit
| Area | Obligations |
|---|---|
| Privacy | 9 |
| Aml ctf | 8 |
| Tax | 8 |
| Workplace | 8 |
| Climate | 5 |
| Directors | 4 |
| Whs | 4 |
| Super | 2 |
| Tax practitioners | 2 |
| Migration | 2 |
Critical obligations on this profile
- Enrol with AUSTRAC as a reporting entity (Tranche 2 industry (Accountants & bookkeepers) — AML/CTF reporting entity from 1 July 2026)
- Maintain a written AML/CTF program (Tranche 2 industry (Accountants & bookkeepers) — AML/CTF reporting entity from 1 July 2026)
- Customer due diligence (KYC) on every customer (Tranche 2 industry (Accountants & bookkeepers) — AML/CTF reporting entity from 1 July 2026)
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC (Tranche 2 industry (Accountants & bookkeepers) — AML/CTF reporting entity from 1 July 2026)
- Notifiable Data Breach (NDB) scheme (Annual turnover over $3M — an APP entity under the Privacy Act (s 6D))
- Apply for a Director Identification Number (Director ID) (Incorporated company (Corporations Act))
- Comply with directors' general law and statutory duties (Incorporated company (Corporations Act))
- Prevent insolvent trading (s 588G) (Incorporated company (Corporations Act))
Check whether these apply
- ASRS Group 2 climate disclosure — FY commencing on/after 1 July 2026: only if you meet 2 of 3 Group 2 tests (revenue ≥ $200M, gross assets ≥ $500M, 250+ employees) or report under NGER
- Lodge an FBT return and pay FBT by 21 May: only if you provide fringe benefits (cars, entertainment, loans) to employees
- Wash outbound marketing lists against the Do Not Call Register: only if you make outbound telemarketing calls
- Registered Company Auditor (RCA) registration + CPD (RG 260): only if you are a registered company auditor or conduct audits
- Influencer + ad disclosure under ACL + AANA Code: only if you advertise to consumers or engage influencers
- Comply with Australian Auditing Standards (ASA): only if you are a registered company auditor or conduct audits
- Track eligibility for the electric car FBT exemption: only if you provide electric vehicles to employees
- AASB S1 (general sustainability) disclosures — voluntary today, mandatory pending: only if you choose to report voluntarily under AASB S1
Check your AML/CTF programUpload the AML/CTF program you already have and get a gap score against the Tranche 2 requirements of the Act and Rules. Personal information is removed before analysis.Primary actionRun the compliance journeyAnswer a short questionnaire about your business and get the obligations that apply to you, with the reason each one applies.
Questions
- How many compliance obligations apply to accountants and bookkeepers in New South Wales with 100–499 employees, turnover $100M–$1B?
- 76 obligations apply (27 critical) across 31 regulators, plus 12 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity. These carry licence conditions, regulator audit and per-contravention civil penalties.
- Which New South Wales laws apply?
- PCBU primary duty of care (NSW WHS Act s 19), Notify SafeWork NSW of notifiable WHS incidents, Pay NSW payroll tax when threshold met, Pay long service leave under the LSL Act 1955 (NSW) and Comply with Workplace Surveillance Act 2005 (NSW)
Related
- Accountants & bookkeepers compliance in New South Wales
- Accountants & bookkeepers: all obligations
- Compliance obligations by industry, state and size
- Accountants & bookkeepers in NSW: sole trader
- Accountants & bookkeepers in NSW: sole trader with employees
- Accountants & bookkeepers in NSW: partnership
- Accountants & bookkeepers in NSW: trading trust
- Accountants & bookkeepers in NSW: no employees
- Accountants & bookkeepers in NSW: 1–5 employees
- Accountants & bookkeepers in NSW: 20–99 employees
- Accountants & bookkeepers in NSW: 100–499 employees
- Accountants & bookkeepers in NSW: 500+ employees, turnover $1B+
- Accountants & bookkeepers in Victoria: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in Queensland: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in Western Australia: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in South Australia: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in Tasmania: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in Northern Territory: 100–499 employees, turnover $100M–$1B
- Accountants & bookkeepers in Australian Capital Territory: 100–499 employees, turnover $100M–$1B
- Enrol with AUSTRAC as a reporting entity: does it apply to accountants & bookkeepers?
- Maintain a written AML/CTF program: does it apply to accountants & bookkeepers?
- Customer due diligence (KYC) on every customer: does it apply to accountants & bookkeepers?
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC: does it apply to accountants & bookkeepers?
Sources
- Revenue NSW: payroll tax thresholds and rates
- PCBU primary duty of care (NSW WHS Act s 19)
- Notify SafeWork NSW of notifiable WHS incidents
- Pay long service leave under the LSL Act 1955 (NSW)
- Comply with Workplace Surveillance Act 2005 (NSW)
- Enrol with AUSTRAC as a reporting entity
- Customer due diligence (KYC) on every customer
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC
Computed by the Rules Mate applicability engine from the published obligation corpus; facts last checked 3 October 2026. Rules Mate is not a law firm and this is general information, not legal advice. Confirm your position with the regulator source or a qualified adviser before acting.