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Payroll taxes in Australia are levied by state governments on employers based on wages paid by them. Payroll tax rates vary between states. Typically, payroll tax applies to wages above the threshold, which also varies. Groups of companies may be taxed as a single entity where their operations are significantly integrated or related. [24]
The first income tax in Australiar]] was imposed in 1884 by South Australia with a general tax on income. Federal income tax was first introduced in 1915, as a wartime measure to help fund Australia's war effort in the First World War. Between 1915 and 1942, income taxes were levied by both State governments and the federal
South Australia was the first Australian state to introduce a land tax, based on the unimproved capital value of land, in 1884. [6] [7] In 1910, George Allen (first secretary to the Treasury) founded the Land Tax Office to service land taxes at the federal level as a form of wealth tax and as a means to break up large tracts of underutilised land.
1911 – The state of South Australia transfers control of northern central mainland Australia to the federal government, creating the Northern Territory. A small pocket of New South Wales around the city of Canberra is transferred to the federal government (who are seated within it), creating the Federal Capital Territory.
The first official local government in Australia was the Perth Town Trust, established in 1838, only three years after British settlement. [2] The Adelaide Corporation followed, created by the province of South Australia in October 1840. The City of Melbourne and the Sydney Corporation followed, both in 1842.
The Income Tax Act 1942, set high tax rates (i.e. that would reflect the combined current Commonwealth and State taxes) which made imposing State taxes unattractive or impossible. This was because the Income Tax Assessment Act 1942 required Commonwealth tax to be paid before State taxes. In effect, the scheme meant either the States had to ...
Greater Capital City Statistical Area State/territory Population (2023) [2] Land area (km 2) Density (/km 2) 1 Canberra Australian Capital Territory: 466,566 814.2 573 2 Melbourne Victoria: 5,207,145 9,993 521.08 3 Adelaide South Australia: 1,446,380 3,259.8 443.7 4 Sydney New South Wales: 5,450,496 12,367.7 440.7 5 Perth Western Australia ...
In his first year, commissioner McKay had underneath him 105 tax officers, assessed approximately 15,000 land tax returns and collected £1.3 million to £1.4 million. Over the next decade, the government introduced several new taxes, mainly to cope with the massive cost of Australia's collecting revenue to fund participation in World War I.