The table below lists the current and historical thresholds and rates for payroll tax.

​Period Annual wage threshold ​Monthly wage threshold ​Rate
​July 2015 to June 2016 ​$1 500 000 ​$125 000 ​5.5%​
​July 2014 to June 2015 ​​$1 500 000 ​​$125 000 ​5.5%
July 2013 to June 2014​ ​$1 500 000 ​$125 000 ​5.5%
July 2012 to June 2013​ $1 500 000​ $125 000​ 5.5%​
July 2011 to June 2012​ $1 500 000​ ​$125 000 ​5.5%
​July 2010 to June 2011 ​$1 250 000 ​$104 167 ​5.9%
​July 2009 to June 2010 ​$1 250 000 ​$104 167 ​5.9%
July 2008 to June 2009 ​$1 250 000 ​$104 167 ​5.9%
​July 2007 to June 2008 ​$1 250 000 ​$104 167 ​6.2%
​July 2006 to June 2007 ​$1 250 000 $104 167​ ​6.2%
​July 2005 to June 2006 ​$1 000 000 ​$83 333 ​6.2%
​July 2004 to June 2005 ​$800 000 ​$66 667 6.2%​
​July 2003 to June 2004 ​$600 000 ​$50 000 ​6.2%
​July 2002 to June 2003 ​$600 000 ​$50 000 ​6.3%