Payroll tax on $1,000,000 in NSW
New South Wales payroll tax on $1,000,000 total wages: Exempt — below the $1,200,000 threshold.
Exempt
$1,000,000 is below the NSW threshold of $1,200,000
$200,000 headroom before payroll tax kicks in
Payroll Tax
Exempt
/year
Threshold
$1,200,000
NSW
Rate
5.45%
NSW
Total Wages$1,000,000
NSW Threshold$1,200,000
Taxable Amount$0
NSW Rate5.45%
Payroll TaxExempt
Effective Rate0.0%