Rates and thresholds
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2024-25 financial year
There are two payroll tax thresholds and rates for the 2024-25 financial year. Payroll tax is charged according to the table below:
Monthly payroll tax thresholds
Select Month:
The monthly threshold amounts varies according to the number of days in the month and year and whether an employer is a member of a group for payroll tax purposes or not. They are rounded to the nearest whole dollar amount.
Examples of how to calculate the thresholds and your payroll tax periods of less than one year are available in the Annual adjustment return guideline.
Australian group wages
If the Australia-wide wages cannot be obtained monthly, an estimate based on one twelfth of the previous year’s Australia wide wages can be used for the calculation of the threshold entitlement.
Employers not wishing to claim a threshold amount must pay tax of 6.1 per cent on all Tasmanian taxable wages for the month.
Date
(Financial Year) | Rate
(per cent) | Payroll Tax
Threshold
Per Annum | Payroll Tax Threshold
Per Month |
1 July 2024
| 4.0
6.1
| 1.25 million $2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2023
| 4.0
6.1 | 1.25 million $2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2022
| 4.0
6.1
| 1.25 million
$2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2021
| 4.0
6.1 | $1.25 million
$2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2020
| 4.0
6.1 | $1.25 million
$2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2019
| 4.0
6.1
| $1.25 million
$2.0 million
| No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2018
| 4.0
6.1 | $1.25 million
$2.0 million | No. days in month divided by days in the year X $1.25 million No. days in month divided by days in the year X $2.0 million |
1 July 2017
| 6.1 | $1.25 million
| No. days in month divided by days in the year X $1.25 million
|
1 July 2016 | 6.1 | $1.25 million | No. days in month divided by days in the year X $1.25 million |
1 July 2015 | 6.1 | $1.25 million | No. days in month divided by days in the year X $1.25 million |
1 July 2014 | 6.1 | $1.25 million | No. days in month divided by days in the year X $1.25 million |
1 July 2013 | 6.1 | $1.25 million | No. days in month divided by days in the year X $1.25 million |
1 July 2012 | 6.1 | $1.01 million | No. days in month divided by days in the year X $1.01 million |
1 July 2011 | 6.1 | $1.01 million | No. days in month divided by days in the year X $1.01 million |
1 July 2010 | 6.1 | $1.01 million | No. days in month divided by days in the year X $1.01 million |
1 July 2009 | 6.1 | $1.01 million | No. days in month divided by days in the year X $1.01 million |
1 July 2008 | 6.1 | $1.01 million | No. days in month divided by days in the year X $1.01 million |
1 July 2007 | 6.1 | $1.01 million | $84,167 |
1 July 2006 | 6.1 | $1.01 million | $84,167 |
1 July 2005 | 6.1 | $1.01 million | $84,167 |
1 July 2004 | 6.1 | $1.01 million | $84,167 |
1 July 2003 | 6.1 | $1.01 million | $84,167
|
1 July 2002 | 6.24 | $1.01 million | $84,167 |
1 July 2001
| 6.3 | $1.0 million | $83,333
|