From 1 July 2018, the tax-free threshold for NSW payroll tax will increase from $750,000 to $850,000. It will continue to increase by $50,000 every year to reach $1m in 2021/22. The threshold will be $850,000 in 2018/19, $900,000 in 2019/20, $950,000 in 2020/21 and $1m in 2021/22.
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About St George Taxcare
We are is a CPA practice, specializes in taxation, accounting, business advisory, property finance, car loan, business lending, and visa & citizenship matters.