Victoria’s payroll tax costs are increasing from 1 January 2022

Businesses will need to budget for the Victorian Government’s mental health surcharge which commences soon, as detailed by Hayley Lock, David Sofrà and Andrew Hosken.

Have you budgeted for the increase in payroll tax costs in Victoria from 1 January 2022? Many employers will be taken by surprise when they complete their January 2022 payroll tax return (due 7 February 2022) as the Victorian Government’s mental health surcharge commences 1 January 2022.  The surcharge was announced as part of the 2021 Victorian State Budget as a means for the Victorian Government to increase funding for mental health system. Amendments to the Payroll Tax Act 2007 wer...

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Authors: Hayley Lock, David Sofrà,

Published Date: 14 December 2021