RomeoHR Blog | Practical HR Tips for Small Businesses

Payroll Tax Victoria: Thresholds, Rates, Surcharges, and Exemptions

Written by Aamina Ahamed | Sep 17, 2025 7:31:48 AM

Payroll tax in Victoria is one of the key obligations for employers, and understanding how it works can help businesses remain compliant while avoiding penalties. Victoria has its own thresholds, surcharges, exemptions, and rules that employers must follow carefully. Below is a detailed guide covering everything you need to know as an employer operating in Victoria.

 

Recommended Reads

 

What is Payroll Tax?

Payroll tax is a state or territory tax charged on the wages paid to your employees. It depends on the total taxable wages you pay. Payroll tax is a responsibility of the employer, and it is self-assessed, which means that you are responsible for calculating, lodging returns and paying your own tax. Therefore, it is essential to be informed about the correct information and rulings regarding payroll tax in your area.

In 2007, efforts were made to harmonise payroll tax rulings across Australia and most rulings generally apply to all states. However, since payroll tax is administered by the state government, there are differences and state-specific rulings, which should be studied and adhered to.

First, let’s go through the most recent changes to the payroll tax in Victoria.

 

The Latest Changes

The latest changes to payroll tax in Victoria offer some relief for smaller businesses, while also tightening rules for larger employers. The key updates include:

  • The annual threshold increased from $900,000 to $1,000,000 from 1 July 2025
  • The monthly threshold rose from $75,000 to $83,333
  • Employers and groups with wages between $3 million and $5 million can only claim a partial deduction, which phases out at a rate of 50% from July 2025
  • Employers and groups with more than $5 million in wages lose the deduction completely and must pay payroll tax on the full amount.

These changes mean more small businesses will now be exempt from payroll tax, while larger businesses will face stricter rules and pay more tax.

 

Who Needs to Register

You are liable for payroll tax in Victoria if you employ in Victoria and your total Australian wages go above the set threshold. Liable employers should register with the State Revenue Office (SRO) Victoria. This includes businesses based in Victoria as well as interstate employers who pay wages to employees in Victoria. 

From 1 July 2025 to 30 June 2026, payroll tax applies if you pay wages in Victoria and your total taxable Australian wages are:

  • More than $83,333 per month or 
  • More than $1,000,000 per year

Employers should also be mindful of payroll tax grouping rules, which combine the wages of related businesses. Even if a single business does not reach the threshold, it may still be liable if the group’s combined wages exceed it.

The registration process is straightforward and can be completed online through PTX Express. You will need:

  • Business details, such as your ABN and contact information
  • Payroll records showing how much you pay employees
  • Information about other businesses connected to you for grouping purposes

Once registered, you can create a login in PTX Express, where you will lodge returns, make payments, and manage records. Not registering when required can result in penalties and interest, so employers should register as soon as they are liable.

To register - PTE Express - Registration

To login - PTE Express - Login

 

Threshold Rules and Phase-out 

  1. Taxable wages below $3 million
    Employers with total Australian wages below $3 million can claim the full threshold amount unless they also employ interstate or only employ for part of the financial year. In these cases, the threshold is adjusted based on the proportion of wages in Victoria and the length of time the business has employed staff. For example, if only 30% of wages are paid in Victoria, only 30% of the threshold can be claimed. Similarly, if the business has been employed for half a year, only half of the threshold is available.
  2. Taxable wages between $3 million and $5 million
    For employers with wages between $3 million and $5 million, the threshold is gradually reduced as wages get closer to $5 million. This is done using a step-by-step calculation that considers Victorian wages, the percentage of time employed, and a phase-out rate of 50% from July 2025 onwards. 
  3. Employers and groups with wages above $5 million are not entitled to any threshold and must pay payroll tax on their full wage bill.

 

Payroll Tax Surcharges

In addition to the standard payroll tax, Victoria applies two surcharges to large employers. They apply if your Australian wages exceed $10 million annually ($833,333 monthly), with an additional higher rate applying if wages exceed $100 million annually ($8,333,333 monthly).

The two surcharges are:

  • Mental health and wellbeing surcharge, which funds improvements to Victoria’s mental health system
  • COVID-19 debt temporary payroll tax surcharge, which will apply until 30 June 2033, to help repay debt from pandemic support measures

The surcharges are calculated on the same basis, and combined, they add

  • 1% to taxable wages over $10 million
  • 2% to taxable wages over $100 million

Therefore, depending on your wages, you’ll be paying an extra 1% or 2% on top of the standard rate. Surcharges are paid concurrently with payroll tax, either monthly or annually, and no separate return is required.

Lodging Monthly Returns

Payroll tax in Victoria is self-assessed, which means employers calculate and report their own liability. If you are registered, you must lodge a return every month using PTX Express, even if no payroll tax is payable for that month. The steps include:

  • Log in to PTX Express
  • Choose the option to lodge a monthly return.
  • Enter your taxable wages for the month.
  • Submit your return and pay the required amount using the reference number provided

Payment must be made by the 7th of the following month or the next business day. The payroll tax rate is 4.85% except for regional Victorian employers.

Lodging The Annual Reconciliation

Each year, employers must reconcile all their taxable wages and payroll tax payments through the electronic annual reconciliation system in PTX Express. This ensures the total amount of payroll tax paid during the year matches the wages declared. The annual reconciliation must be lodged by 21 July or the next business day each year. The deadline should be strictly adhered to, as missing it will result in a penalty tax and interest.

Key details needed include:

  • Business Details
  • Wage breakdown between Victorian and interstate employees
  • Records for regional and non-regional employees 
  • Group wage details if you are part of a payroll tax group

Employers can prepare calculations using worksheets provided by the State Revenue Office to avoid errors - Actual wages worksheet document | State Revenue Office

 

Regional Employers

Victoria offers a lower payroll tax rate for regional employers. From 1 July 2021, the rate is 1.2125%. To qualify, at least 85% of your Victorian taxable wages must be paid to employees who work mainly in regional Victoria. To claim the reduced rate, you must meet the 85% rule over the entire financial year. 

 

What counts as wages?

Wages include more than just salaries. For payroll tax purposes, they cover a wide range of payments, such as:

  • Salaries, allowances, bonuses, and commissions
  • Employer superannuation contributions, including salary sacrifice amounts
  • Fringe benefits provided to employees
  • The value of shares and options given to staff
  • Payments to some contractors
  • Remuneration to company directors
  • Employment termination payments and accrued leave

These payments are taxable whether employees are permanent, temporary, or casual.

 

Exempt Wages

Certain types of wages are exempt from payroll tax in Victoria. These include:

  • Paid parental leave (primary and secondary caregiver leave)
  • Commonwealth paid parental leave.
  • Wages for employees who volunteer as firefighters or respond to emergencies
  • Military leave wages for Defence Force members
  • Genuine redundancy or early retirement payments
  • Wages paid by approved group training organisations to apprentices or trainees

Refer to this list of taxable and exempt wages - Payroll tax A-Z of taxable or exempt items | State Revenue Office

 

Contractors and Employment Agencies

Payments to contractors can be treated as wages and subject to payroll tax. Contractors may be sole traders, partnerships, companies, or trusts, and exemptions apply in some cases. If no exemption is available, the employer engaging the contractor is responsible for payroll tax. 

Employment agencies also fall under payroll tax rules. Where an agency places workers with a client, the agency is deemed the employer and liable for payroll tax on the payments made to the worker. Exemptions that apply to contractors do not apply to employment agency contracts.

For more on Contractors -  Contractors | State Revenue Office

For more on Employment Agencies - Employment agencies | State Revenue Office

 

Grouping Rules

Payroll tax grouping ensures that businesses with common control or shared operations cannot avoid liability by splitting wages across multiple entities. Businesses are grouped if:

  • They are related corporations under the Corporations Act
  • Employees are shared between businesses
  • One or more people have a controlling interest in two or more businesses.
  • An entity controls a corporation

In a group, all wages are added together, and only one threshold is available for the group. Each member must still register and lodge returns, but the designated group employer is responsible for claiming the threshold.

For more on grouping provisions - Grouping | State Revenue Office

 

Conclusion

Payroll tax in Victoria can feel complicated, with its thresholds, phase-outs, surcharges, exemptions, and grouping rules. But with the right knowledge and systems in place, employers can stay compliant and avoid unnecessary costs. What matters most is keeping accurate payroll records, registering on time, and lodging your monthly and annual returns without delay. 

For HR teams and business owners, understanding these obligations is not just about compliance; it is about protecting your business from penalties and building confidence in the way you manage employees. Taking the time to get payroll tax right means one less headache for your business, and more time to focus on growth and people.

Always check the State Revenue Office Victoria website - Payroll tax | State Revenue Office regularly to stay updated with the latest payroll tax rules and requirements.