Estimated interstate wages

Definition

Estimated interstate wages are the estimate of all wages paid in other states or territories under their corresponding payroll tax legislation for the 2019-20 financial year.

Purpose of collection

For non-group employers or Designated Group Employers who employ interstate, estimated interstate wages are required in order to calculate your deduction entitlement on your subsequent year's monthly returns.

If the employer or group of employers employ interstate, and estimated interstate wages are not supplied in the Annual Reconciliation, no monthly deduction can be calculated. Consequently, the deduction shown on subsequent monthly returns will be NIL.

Estimated interstate wages are also required in determining the estimated tax liability for 2019-20. This calculation is required if an annual payment cycle is necessary. If you or your group's estimated Victorian payroll tax for 2019-20 is less than $10,000, you may be eligible to be placed on an annual payment cycle.  

Assistance

If you need more information on this topic, contact our payroll tax enquiry service on 13 21 61.