b'ESV 9Doing business in AustraliaFederal Government TaxesExcise & WET Excise duty is a tax levied on certain types of goods produced or manufactured in Australia. The goods on which excise duty is imposed are called excisable Fringe Benefits Taxgoods and include alcohol, petrol, (FBT) tobacco and coal. The applicable Goods & Services Tax rate depends on the nature of theFBT is a tax levied on employersproduce and is regularly reviewed Tax at a glanceThe GST regime is a broad caseon benefits provided to employeesevery 6 months.consumption tax charged at a rateor their associates in relation to their Wine equalisation tax is applied to of nil on 0-10%, depending on theemployment.wine imported or sold in Australia nature of the supplies.The current rate is 47% and is outside of the excise regimeVarious taxes, levies, duties and excises are charged in Australia primarily via the Federal Government and State or Territory Governments. Tax rates vary for each State or Territory, so it is important to understand the rules for each jurisdiction in which you operate.State and Territory Government TaxesPayroll Tax Land TaxPayroll tax is a State based tax Land tax is an annual tax payable by Stamp Duty the owner of land which is imposed which is levied upon an employer when their payroll exceeds a givenin all States and the AustralianState and Territory Governmentsthreshold. Capital Territory, but not in the impose taxes on certain asset Employers may be grouped forNorthern Territory.acquisitions and similar transactions.payroll tax purposes.Some states, including New SouthThese taxes vary across the States The rate of payroll tax varies fromWales, Queensland and Victoria, and Territories and can be called2.02% to 6.85%, depending onhave introduced an additional stamp duty, transfer duty, surchargethe State or Territory in which it island tax surcharge on the foreign purchase duty or general duty imposed.acquisition of residential property.'