The start of a new financial year means updates to some fees, thresholds, levies and rates. Here is a summary of the Victorian taxation changes taking effect on 1 July 2024. Our website is being updated to reflect the changes.
We have published guidance on navigating payroll tax for those in the medical industry.
In November 2020, the Victorian Government announced eligible employers were entitled to a waiver of their 2020–21 and 2021–22 payroll tax after applying the New Jobs payroll tax credit against their liability for each of the financial years.
We have published Revenue Ruling PTA-037v2 to replace
The State Taxation Amendment Act 2024 received Royal Assent on 4 June 2024.
The Act introduced measures announced in the 2024–25 Victorian Budget and makes amendments to various state taxation acts.
Victorian businesses must lodge all unclaimed money they hold with us by 31 May each year.
To help you, we have created this video to explain how to lodge unclaimed money held by a business.