Vincents Chartered Accountants
TRANSFER DUTY

Top rate of general
transfer duty

NSW

VIC QLD ACT

5.5%

5.5% 5.25% 6.75%

WA

TAS NT SA
  5.15% 4.0% 4.95% 5.5%

 

PAYROLL TAX 2010/2011
State Rate

Exemption threshold

NSW 5.50%* $658,000***
VIC 4.90% $550,000
QLD 4.75% $1,000,000
ACT 6.85% $1,500,000
SA 4.95%** $600,000****
WA 5.5% $750,000
TAS 6.10% $1,010,000
NT 5.9% $1,250,000

* In New South Wales, the payroll tax rate was reduced from 5.75% to 5.65% from 1 January
2010 and will be reduced further to 5.5% from 1 July 2010 and to 5.45% from 1 January 2011.
** In South Australia, the tax rate was reduced from 5% to 4.95% from 1 July 2009.
*** In New South Wales the annual threshold was increased from $638,000 from 1 July 2010.
**** The annual threshold in South Australia was increased from $552,000 to $600,000 from 1
July 2009.

 

Last updated: July 2010

 

 

 

 

 

 

 

 

 

 



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