PAYROLL LEVY REDUCTION
The payroll levy will be reduced to 2.0%, the first reduction in almost a decade.
Replacement Payroll Levy regulations will be effective from 1 July 2018. In these updated regulations, the levy rate on all eligible wages paid on or after 1 July 2018, will decrease from 2.7% to 2.0%.
The change in the levy rate does not impact any long service leave entitlements for employees.
For more information, please read the FAQs below.
In preparation for your July levy return, we will provide more detailed information and examples to assist in the transition to the new regulations.
LEVY RATES THROUGH TIME