What is the payroll tax threshold in NT 2026?
The Northern Territory's payroll tax threshold for the 2026 financial year has not yet been announced. The current annual threshold is $1.5 million (as of 2023-24), which is subject to annual review and legislative changes.
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How it works in practice
Understanding NT Payroll Tax Thresholds
Payroll tax is a state and territory tax levied on Australian employers whose total annual wages exceed a certain threshold. In the Northern Territory (NT), this threshold is subject to review and announcement as part of the annual budget process, typically for the upcoming financial year. As of the 2023-24 financial year, the annual payroll tax-free threshold in the NT is $1.5 million.
Future Thresholds and Rate
The specific payroll tax threshold for the 2026 financial year has not been legislated or publicly announced. It is common for jurisdictions to confirm these figures closer to the relevant financial year, often during budget cycles. Employers in the NT should monitor official announcements from the Northern Territory Department of Treasury and Finance for updates regarding future thresholds and the applicable tax rate, which also varies based on total wages.
Important exceptions
The current threshold of $1.5 million applies to general employers. Specific circumstances may alter how the threshold is applied, such as employers grouped together, who share a single threshold. Different rules also apply for interstate employers with wages paid in multiple jurisdictions. Furthermore, the threshold does not apply to certain exempt wages, such as parental leave pay or some superannuation contributions. Employers should consult the official guidelines for precise details, as legislative changes can occur.
What you should do now
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Monitor official NT Treasury announcements for the 2026 payroll tax threshold as the financial year approaches.
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Calculate your total annual Australian wages, including superannuation, fringe benefits, and contractor payments, to determine if you may exceed the threshold.
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Register for payroll tax with the NT Revenue Office if your estimated annual Australian wages are likely to exceed the current or anticipated threshold.
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Understand grouping provisions if your business is part of a corporate group, as this affects how your tax-free threshold is applied.
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Seek professional advice from an accountant or tax advisor to ensure accurate compliance with NT payroll tax obligations.
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