Australia Tax Office Clarifies July 1 Payroll Tax Changes

The global solution for payroll professionals, combines custom research, strategic white papers, country primers, webinars, and the expert guidance you’ve come...

By Jared Mondschein

June 17—New superannuation tax tables will go into effect July 1, 2016, though most other tax tables related to payroll will remain unchanged due to Parliament not yet enacting the latest government budget, the Australian Tax Office (ATO) said in an update to its website June 15.

Income tax changes announced in the May 3 budget can only be enacted by the Parliament formed by the upcoming July 2 federal election, an ATO spokesperson told Bloomberg BNA June 17.

While most tables, including income tax and Medicare levy tables, will remain unchanged, certain tax tables have been updated to include indexed amounts for the new tax year. The updated tax tables to go into effect July 1, 2016, include amounts for superannuation payments, the Higher Education Loan Program (HELP), Student Start-up Loan (SSL), Trade Support Loan (TSL) and Student Financial Supplement Scheme (SFSS).

Once the new Parliament forms after the July 2 election, “the ATO will at that time consider the administrative approaches available to implement the new individual income tax rates that apply,” the ATO spokesperson said.

To contact the reporter on this story: Jared Mondschein at

To contact the editor responsible for this story: Michael Baer at .

For More Information

The latest tax tables are available at

More information on payroll issues in Australia can be found in the Australia country primer.

Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.