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State Payroll Tax
Information
Companies with total monthly wage costs exceeding certain amounts may
need to make payroll tax payments to the revenue office in the state
in which the employees work. The thresholds and percentages, which
vary between states, are often adjusted each year. Typically state
payroll tax liabilities apply to medium to large businesses because
of the thresholds set by each state. QuickBooks provides tools which
may assist you in calculating your payroll tax liability. These
tools take the form of the following reports:
- State Payroll Tax Report - Summary
- State Payroll Tax Report - Detail
The figures
appearing in these reports depend upon how the payroll items and
employees are set up. The figures include amounts paid via those
payroll items which have been selected for state payroll tax and to
employees who are selected for payroll tax calculations. These
amounts are then subject to the thresholds and percentages
applicable to the state in which the employee works. There are many
factors which affect the calculation of state payroll tax
liabilities and there would often be a reason to export the report
to Excel and make various additions and deductions that are relevant
to how your business operates. For information on the current thresholds and rates, follow the links shown in the table below:
| State |
Name of Department |
ACT |
ACT Revenue Office |
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| NSW |
Office of State Revenue |
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| NT |
Treasury Revenue Office |
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| QLD |
Office of State Revenue |
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| SA |
Revenue SA |
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| TAS |
Department of Treasury and Finance |
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| VIC |
State Revenue Office |
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| WA |
Office of State Revenue |
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