From 1 January 2023, a mental health levy will be applied to payroll tax to fund mental health and associated services.
The levy:
- will apply to employers and groups of employers who pay more than $10 million in annual Australian taxable wages
- will be applied to annual Queensland taxable wages.
Threshold based on Australian taxable wages Levy rate
Employers or groups of employers who pay more than $10 million 0.25%
Employers or groups of employers who pay more than $100 million 0.75%
The current threshold is $1.3 million in annual Australian taxable wages.
