How to meet your obligations and make payments.
Paying tax on property you own.
Calculate and lodge tax on the wages paid by your business.
Calculate and pay transfer (stamp) duty on purchases.
We collect and audit mineral resources royalties.
We collect gaming and wagering taxes.
For businesses that provide health benefits to contributors.
Providers of general and life insurance pay a duty.
Aims to reduce traffic congestion in Sydney's busiest areas.
Surcharge fees that apply to residential land.
Duty applies to some vehicle registrations and transfers.
Applies to authorised taxi and booking service providers.
We collect funds to support emergency services in NSW.
How government and the private sector compete
Pure Science Pty Ltd employs workers throughout Australia in the 2017-18 financial year. All employees receive the following taxable fringe benefits.
| Type of benefit | NSW | Interstate |
|---|---|---|
| Living away from home allowance | $15,000 | $25,000 |
| Expense payments | $30,000 | $10,000 |
| Cars using the operating cost method | $65,000 | $35,000 |
| Meal entertainment | $10,000 | $10,000 |
| Total | $120,000 | $80,000 |
The total taxable amounts have been split into the following type 1 and type 2 aggregate amounts.
| Aggregate | NSW | Interstate |
|---|---|---|
| Type 1 | $70,000 | $45,000 |
| Type 2 | $50,000 | $35,000 |
| Total | $120,000 | $80,000 |
In order to include the correct fringe benefit amount in the 2018 annual payroll tax return, Pure Science calculated the gross-up amount using the 2018 type 2 factor:
| NSW | Interstate | |
|---|---|---|
| Total aggregate amount | $120,000 | $80,000 |
| Type 2 rate | 1.8868 | 1.8868 |
| Total taxable fringe benefits* | $226,416 | $150,944 |
*(Type 1 aggregate + Type 2 aggregate) × 1.8868
As a result, Pure Science Pty Ltd reported $226,416 as liable NSW wages and $150,944 as liable interstate wages within their 2018 annual payroll tax return.
The value of fringe benefits of Rose Walls Pty Ltd in its 31 March 2017 Fringe Benefit Tax (FBT) return after grossing up by the type 2 factor is $120,000. Excluding fringe benefits, Rose Walls has $600,000 in taxable wages for the 2017-18 financial year, of which $300,000 were NSW wages.
The monthly estimate method, was used to calculate the taxable value of FBT for Rose Wall’s monthly payroll tax returns.
After completing the FBT return for the period ending 31 March 2018, the value of fringe benefits for Rose Walls Pty Ltd after grossing up by the type 2 factor is $180,000. Excluding fringe benefits, the total Australian taxable wages for the 2017-18 financial year were $800,000, $600,000 of which were NSW wages.
Rose Walls must make an adjustment in its 2017-18 annual return to reflect the actual taxable amount of fringe benefits.
The amount of NSW fringe benefits that Rose Walls Pty Ltd must declare in the 2017-18 annual adjustment return is $135,000.