Australia’s lowest payroll tax rate
With a 50% rebate for apprentices and trainees
Queensland has the lowest payroll tax rate in Australia at 4.75%. The exemption threshold of $1.1 million is the highest threshold of any mainland state.
Queensland employers with total yearly Australian taxable wages between $1.1 million and $5.5 million also obtain a partial deduction, with the deduction withdrawn at a rate of $1 in every $4 of taxable wages.
Queensland-based businesses also benefit from a 50% payroll tax rebate for apprentices and trainees. Employers who hire apprentices and trainees will receive a payroll tax rebate of 50 per cent on their wages in addition to their wages being exempt from payroll tax until 30 June 2019. The rebate will be used as an offset against payroll tax payable on the wages of other employees, and will enable Queensland to continue developing a highly skilled workforce into the future.
People moving to Queensland from interstate also benefit from a highly competitive tax system — Queensland’s tax per capita is will be $875 less than the average of all other states and territories in 2018-19.