vic payroll tax
Payroll Tax Rate in Victoria. â for the 2014-15 and 2015-16 financial years is 4.85% of taxable wages. â for the 2013-14 financial year (applicable since 1 July 2010) is 4.9% of taxable wages. Historical payroll tax rates are listed here. Payroll Tax Threshold in Victoria. The payroll tax annual threshold is $550,000. This amount is deducted from annual wages to determine the actual payroll tax liability for the year. This calculated liability is then compared to the total of monthly returns, resulting in either a balance to pay, or a refund due.