Changes to Victoria Payroll Tax Thresholds and Super Guarantee Percentages
- Please note the following changes to the Victoria Payroll Tax Thresholds:
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.
Please note the following changes to the Super guarantee percentages:
From 1 July 2024 the Super guarantee percentage will increase 11.5%
From 1 July 2025 the Super guarantee percentage will increase 12%
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