Menu
Secure Client Login

Please enter your details below to login to our secure client area.
If you would like to register for access, click here.

Find out more about Secure Areas

   Secure Client Login   Site Search
Comprehensive Services for your business from day to day advice to complex Management & Tax matters.
You are here: Home > Business Resources > Tax Facts

Tax Facts - State Taxes

Payroll tax

Payroll tax is a state tax on the wages paid by employers when the total wages exemption threshold is exceeded. Exemption thresholds vary between states. The definition of wages generally includes employer superannuation contributions and fringe benefits, although the definition also varies between states.

NOTE: Payroll tax is not the same as PAYG withholding tax collected by the Australian Taxation Office (ATO). PAYG is the tax deducted from an employee's income and forwarded to the ATO.

The following organisations are generally exempt from payroll tax, provided specific qualifying conditions are met:

  • Religious institutions
  • Public benevolent institutions
  • Public or non-profit hospitals
  • Non-profit non-government schools
  • Charitable organisations

Land tax

All landowners, except those in the Northern Territory, may be liable for land tax. In the Australian Capital Territory land tax is levied on lessees under a Crown lease, because land generally cannot be acquired under freehold title. Landowners are generally liable for land tax when the unimproved value of taxable land exceeds certain thresholds (excluding the ACT).

In some states, deductions and rebates are available, depending on how the land is used. Principal places of residence are generally exempt from land tax, however this depends on particular qualifying criteria (these vary between jurisdictions).

Land owned and used by the following types of organisations might be exempt from land tax:

  • Non-profit societies
  • Clubs and associations
  • Religious institutions
  • Public benevolent institutions
  • Charitable institutions

Stamp duty

Stamp duty is levied on particular written documents and transactions, including:

  • Motor vehicle registrations and transfers
  • Insurance policies
  • Leases
  • Mortgages
  • Hire purchase agreements
  • Property transfers (e.g. transfer of businesses, real estate, and particular shares)

The stamp duty rate varies according to the type of transaction and its value. Depending on the nature of the transaction, certain concessions and exemptions may be available.

State tax web sites

Particular deductions and exemptions vary between states for all duties. For additional state-specific information, visit the applicable state web site: 

Business Owners Free Telephone Consultation

What We Do...

Small Business Accounting

Business services underpin the work of organisations through Strategic Business Planning and process improvement.

More...

Specialist Services

Regular Financial Reporting focusing on your key performance areas to drive dramatic improvements to your bottom line.

More...

Taxation Services

Trusts, Companies, Family Businesses, Property Investors and Individuals. Income Tax, GST, Capital Gains Tax and Fringe Benefits Tax.

More...

 

Contact PMCA

Level 9, 440 Collins Street
Melbourne 3000
Location map
Phone : 1300 74 45 47
Fax: 1300 82 97 89
Send an enquiry
Request call back
Refer a friend