Benefits for Regional Employers

A lower payroll tax rate of 3.65 per cent is available for wages paid by eligible regional employers. This reduced rate applies to wages paid from 1 July 2017.

If your business:

• Has a registered address that is located in regional Victoria;

and

• At least 85% of your total Victorian taxable wages are paid to, or in relation to, employees who work mainly in regional areas;

You can save 25% by paying your Victorian payroll tax at the reduced rate of 3.65% instead of the full rate of 4.85%

Read on to find out more about the reduced rate to see if you qualify.

http://www.sro.vic.gov.au/regionalemployers