Victoria payroll tax (FY26)

Administered by SRO Vic under state payroll tax law. Standard rate 4.85% on Australian taxable wages above the $900,000 threshold.

$900,000

Annual threshold

4.85%

Standard rate

Monthly

Returns

Rate + thresholds in detail

  • Annual tax-free threshold: $900,000 of Australian taxable wages.
  • Monthly threshold: $75,000.
  • Standard rate: 4.85%.
  • Additional levies / structure: +1.2125% surcharge for wages >$10M; mental health + wellbeing surcharge for wages >$10M (~0.5%)

Returns + reconciliation

  • Return cadence: Monthly by 7th of following month.
  • Annual reconciliation: Annual reconciliation 21 July.

Grouping

Grouping rules aggregate wages across related entities.

Recent change

SRO Vic reassessed payroll tax for medical centres engaging GPs under service-fee arrangements as 'relevant contracts' (Thomas and Naaz analog) in 2024.

Sources

Compare to other states: NSW ($1.2 million) · QLD ($1.3 million) · WA ($1 million) · SA ($1.5 million) · TAS ($1.25 million) · NT ($1.5 million) · ACT ($2 million)