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03 9988 1900

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• Suite 2, Level 5

  459 Little Collins Street

  Melbourne  VIC 3000


• PO Box 16165, 

  Collins Street West VIC 8007 

P: 03 9988 1900
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Employment Taxes

PAYG Withholding

Employing staff can be a necessary part of doing business however it comes with a lot more paperwork and things to be aware of such as employment laws, contractual arrangements, superannuation and of course PAYG Withholding. Withholding taxes from an employee's salary can be more complex than people might think. Common areas of confusion include:

  • - Whether contractors are subject to withholding
  • - How much to withhold when you send staff overseas or receiving seconded staff from overseas
  • - Withholding on termination and retirement payments
  • - Withholding on allowances

 

Payroll Tax

The pressure, requirements and time cost placed on taxpayers to correctly calculate and comply with payroll tax obligations nationwide is constantly increasing, with harmonisation across different Australian jurisdictions and the Revenue Offices announcing a more ‘aggressive’ compliance program.

TF Accountants can help relieve payroll tax pressure and time cost. Our advisers will ensure that you are utilising available exemptions and exclusions in respect of ‘taxable wages’, contractors and grouping etc., helping you to legitimately minimise the amount of payroll tax due and mitigate the risk of the imposition of penalties and interest.

For more information about TF Accountants or to book a free, no obligation consultation please contact our office on (03) 9988 1900 or contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.

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