Payroll tax on termination and other payments
If you make payments to your employees in addition to their regular remuneration, they may be taxable in Queensland.
Read the following list of payments to work out if you must include them in your payroll tax return.
COVID-19 related payments
Type | Liability |
---|---|
JobKeeper | JobKeeper amount - not taxable
|
Workforce retention bonus grant (residential care and home care) | Taxable |
Termination payments
The table below lists the different types of termination payment and if they are taxable.
Find out more about termination payments.
Type | Liability |
---|---|
Payments in lieu of notice | Taxable if the employee must include it for income tax purposes |
Ex gratia payments or 'golden handshakes' | Taxable if the employee must include it for income tax purposes |
Genuine redundancy payments | Not taxable if exempt from income tax |
Early retirement scheme payments | Not taxable if exempt from income tax |
Unused annual leave | Taxable |
Unused long service leave | Taxable |
Commissions, dividends, GST, superannuation, and shares and options
Type | Liability |
---|---|
Bonuses | Taxable |
Commissions | Taxable if this is payable to an employee, including:
You must include commissions in your return for the period in which the sale is settled or when the commission is paid, whichever happens first |
Dividends (company share) | Not taxable |
GST | Not taxable |
Taxable whether for an employee or non-employee director | |
Superannuation guarantee levy | Taxable |
Taxable |
- Last reviewed: 31 Jan 2022
- Last updated: 2 Dec 2021
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