Following on from our previous article in October 2024, we advise the Commissioner of State Revenue finally issued QRO Public Ruling PTAQ014.1.2 on 3 March 2025, confirming payroll tax exemptions for GP practices.
What does this new legislation mean for GP medical practices?
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- The legislation is clear that the exemption only applies to GPs and GP registrars.
- The exemption is valid whether GP services are provided in-clinic or via telehealth.
- The effective date is 1 December 2024, meaning practices no longer need to pay payroll tax on GP-related payments from this date forward.
The introduction of the legislation effectively permanently extends the previous payroll tax amnesty that was in place up to 30 November 2024 and for the previous 5 years (i.e from 2018) if an expression of interest was lodged back in 2023. If this applied to your practice, your amnesty obligations have been completed. If you were previously paying payroll tax on GP-related payments, then they cease from 1 December 2024.
Even with the GP exemption, it is important to be aware of the payroll tax thresholds and obligations.
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- If you employ in Queensland, the current threshold is $1.3M in taxable wages (excluding GPs).
- A business must register for payroll tax if group taxable wages exceed $25,000 a week. You must register even if you expect to pay less than $1.3M in taxable wages within the financial year.
For More Information
If you would like more information on payroll tax, please contact an Archer Gowland Redshaw adviser on (07) 3002 2699 | info@agredshaw.com.au
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