10A - Introduction to Payroll Tax and Why it Matters

In this episode, the discussion revolves around the basics of payroll tax, a state tax that applies to wages paid by employers. Rajan Verma explains the scope of payroll tax, including what counts as taxable wages, the extension of payroll tax to contractors and the grouping rules. The hosts emphasise the rising attention on payroll tax compliance, driven by technological advancements and increasing audits.