Name of the Organization : Northern Territory Department of Treasury & Finance
Type of Facility : Register For Payroll Tax
Country : Australia
Website : https://treasury.nt.gov.au/
Register For Payroll Tax :
Payroll tax is a general purpose tax imposed on wages paid by employers. The Territory Revenue Office administers payroll tax and employers are able to lodge their returns electronically through our TRMeR system.
Related : Northern Territory Department of Treasury & Finance Senior/ Pensioner & Carer Concession : www.statusin.org/7016.html
From 1 July 2011, the rate of tax and the annual threshold before it becomes payable is 5.5 per cent and $1 500 000 respectively. View the historical rates and thresholds webpage.
For more information on the 2011-12 Budget payroll tax changes, please refer to Revenue Circular RC-PRT-006.
Who Must Register for Payroll Tax:
Employers who pay NT wages must register for payroll tax if, during any month, their total Australian wages exceed the monthly Threshold Amount (currently $125 000). Monthly thresholds for periods prior to 1 July 2011 are detailed in Appendix 1 to this guide. If an employer is a member of a group, the total Australian wages paid by all members of the group determines whether the employer should register for payroll tax.
Employers must complete a registration form F-PRT-001 and pay tax by the 21st day of the month following the month in which their total Australian wages exceeded the $125 000 threshold. Employers who fail to register, where liable, may incur interest and penalty tax on any unpaid tax.
Cancellation of Registration:
Any employer seeking to cancel their payroll tax registration must complete a cancellation form F-PRT-002.
An employer may seek cancellation of their registration if they (or as a member of a group, the group) cease paying wages in Australia or, if they continue to pay NT wages, their Australian wages do not exceed the monthly exemption threshold.
Employers that cease to pay Australian wages during a financial year are required to complete an Annual Adjustment return (see Annual Adjustment Calculation for further details) within 21 days after the return period during which they ceased paying Australian wages following the cessation date.
In all other cases (i.e. the employer has ceased paying NT wages but continues to pay wages elsewhere in Australia, or their Australian wages do not exceed the monthly $125 000 threshold), employers must lodge an Annual Adjustment return within 21 days after the end of the relevant financial year even if the cancellation event occurred during the financial year. In these circumstances, it is recommended that employers maintain their registration until this time. For convenience, TRO can (when requested to do so by the employer) place employers on annual frequency pending cancellation of their registration in these circumstances.
Frequently Asked Questions Payroll Tax :
What is payroll tax?
Payroll tax is a general purpose tax that is imposed on wages paid by employers. It is state tax and applies in all Australian states and territories.
Payroll tax is collected and administered in the NT in accordance with the Payroll Tax Actexternal link. It is a self-assessed tax that employers are required to pay by way of monthly return. Tax is paid into a consolidated holding account and is used to meet the costs of essential public services such as education, health, public safety and law and order.
What are Northern Territory wages?
The rules for determining when wages are liable to payroll tax in the Northern Territory (NT) are generally based on where the services are performed by an employee in a relevant month. These are described in detail in Revenue Circular RC-PRT-004.
What do I include as wages?
For detailed information on what wages are subject to or exempt from payroll tax, refer to the Employers Guide to Payroll Tax in the Northern Territory.
What is the rate of payroll tax and threshold?
View the current and historical thresholds and rates for payroll tax.
When is tax payable?
Tax is payable by the 21st of the month following the return period it relates to. For example, an employer on monthly frequency must pay their tax for July 2016 by 21 August 2016.
When must I register for payroll tax?
From 1 July 2011, an employer must register for payroll tax in the Northern Territory (NT) if their or they are a member of a group, the group’s total Australian taxable wages exceed the exemption level of $125 000 per month ($1 500 000 per annum).
If their or the group’s total Australian taxable wages exceed either of these amounts, they will only be liable for payroll tax in the NT on the NT proportion of their taxable wages. For more information on how to calculate the tax, refer to the Calculation of Payroll Tax? section of the Employers’ Guide to Payroll Tax in the Northern Territory.