Proposed changes to the payroll levy
We have recommended the payroll levy be reduced to 2.0%, the first reduction in almost a decade.
Replacement Payroll Levy regulations are currently under parliamentary review. 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 levy rate does not impact any long service leave entitlements for employees.
For more information, please read the FAQs below.
In the months leading up to 1 July 2018, we will provide more detailed information and examples to assist in the transition to the new regulations.
Frequently asked questions