Low business costs in Queensland

In this guide:

Benefits of doing business in Queensland

Businesses in Queensland enjoy many advantages, including low set-up and running costs. For example, Queensland can offer your business or investment:

low business taxes (including the lowest rate of payroll tax in Australia)
competitive labour costs
economical commercial and industrial property costs
competitive utility costs
low office rental costs
low workers' compensation premiums.

These cost advantages make Queensland an internationally competitive location for your business.

Taxation in Queensland in 2011-12 is estimated to be $501 per person less than the average of other Australian states. Queensland's low business costs offer you a strong destination for business and investment.

Payroll tax

At just 4.75%, Queensland companies pay the lowest rate of payroll tax in Australia. In addition, this tax is not required to be paid until the total wages and salaries of a company exceed $1 million each year.

Queensland's payroll tax regime has been assessed by the Grants Commission, an independent Australian Government authority, as being 20% below the national average.

Queensland's payroll tax rates and concessions

State	Basic flat rate (%)	Tax scale and small business concession ($)
Queensland	4.75	First $1,000,000 exempt
Victoria	4.90	First $550,000 exempt
South Australia	4.95	First $600,000 exempt
New South Wales	5.45	First $678,000 exempt
Western Australia	5.50	First $750,000 exempt
Northern Territory	5.50	First $1,500,000 exempt
Tasmania	6.10	First $1,010,000 exempt
Australian Capital Territory	6.85	First $1,500,000 exempt