Definition
Estimated interstate wages are the estimate of all taxable wages paid in other states or territories under their corresponding payroll tax legislation for the 2024-25 financial year.
Summary
Estimated Group Interstate wages should reflect the total estimate of all taxable wages paid in other states or territories under their corresponding payroll tax legislation for the 2024-25 financial year for the entire group.
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 2024-25 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 2024-25. This calculation is required if an annual payment cycle is necessary.
Assistance
If you need more information on this topic, contact our payroll tax enquiry service on 13 21 61.