VIC Payroll Tax Calculator
Calculate Victoria payroll tax for 2024–25. Rate: 4.85% on wages over $700,000 per year.
VIC Payroll Tax
$0
Total Taxable Wages
$0
Tax-Free Threshold
$700,000
Taxable Amount
$0
Effective Rate
0%
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Victoria Payroll Tax — 2024–25 Guide
Victorian payroll tax is administered by the State Revenue Office Victoria (SRO). With the lowest threshold of the major states at $700,000, many Victorian employers become liable sooner than in other states.
Key Facts
- Rate: 4.85% on wages above the threshold
- Annual threshold: $700,000
- Monthly threshold: approximately $58,333
- Lodgement: Monthly returns, annual reconciliation
- Administered by: State Revenue Office Victoria (SRO)
What is Included in VIC Taxable Wages?
Taxable wages in Victoria include salaries and wages, superannuation contributions, bonuses, allowances, commissions, and payments to some contractors. Exempt wages include parental leave pay and certain apprentice wages.
Regional Employer Concession
Businesses classified as regional employers in Victoria may be entitled to a reduced rate. Check the SRO website for the current regional employer definition and reduced rate applicable to your situation.
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Frequently Asked Questions
What is the VIC payroll tax rate?
The Victoria payroll tax rate is 4.85% on wages exceeding the $700,000 annual threshold for 2024–25.
What is the VIC payroll tax threshold?
The Victorian tax-free threshold is $700,000 per year for 2024–25. Only wages above this amount are subject to payroll tax.
Does employer super count for VIC payroll tax?
Yes. Employer superannuation contributions are included in taxable wages for Victorian payroll tax purposes.
How do I register for VIC payroll tax?
Register through the State Revenue Office Victoria (sro.vic.gov.au). You must register when wages in any month exceed $58,333 (the monthly threshold).
Disclaimer: This calculator uses the 2024–25 VIC payroll tax rate and threshold. Grouping provisions, regional concessions, and exemptions may apply. This is not tax advice. Consult the SRO or a registered tax agent.
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