Australia

Paying Taxes in

Australia

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 online filing 37 30.0% taxable profits 26
Superannuation guarantee 1 online filing 18 9.0% gross salaries 10.2
Payroll tax 1 online filing 5.6% total payroll 4.9
Worker's compensation 1 3.9% gross salaries 4.4
Fringe benefits tax 1 paid jointly 46.5% grossed-up taxable value of fringe benefits 1
Fuel tax 1 AUD 0.2215 liters of fuel 0.6
Municipal tax 1 no filing is required fixed fee (AUD 8,000) 0.3
Land tax 1 100 plus 1.6 cents for each AUD exceeding $387,000 unimproved land value 0.3
Tax on insurance contracts 1 9.0% insurance premium 0.1
Vehicle tax 1 fixed fee (AUD 673 for each vehicle) 0.1
Value added tax (GST) 1 online filing 54 10.0% value added not included
Totals: 11 109 47.7
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