Term Definition

When a person acquires a share or option in a company, the share or option is granted to the person.

Section 13O of the Payroll Tax Act (Qld) outlines when a share or option is granted.

grossed-up value

The value of a fringe benefit after the initial value has been multiplied by the type 2 gross-up factor specified in the Fringe Benefits Tax Assessment Act 1986 (Cwlth).


Part 5 of the Payroll Tax Act (Part 4 in Queensland; Part 4 Pay-roll Tax Assessment Act 2002 in WA) provides for the grouping of two or more employers. The effect of grouping is that wages are aggregated to determine payroll tax liability for the group and only one payroll tax threshold can be claimed for each group.

For detailed information, refer to the Payroll Tax legislation in the state or territory you are interested in.

group member

An employer who is part of a group of related businesses whose wages are combined for payroll tax.


A New Tax System (Goods and Services Tax) Act 1999 of the Commonwealth except that it includes notional GST of the kind for which payments may be made under Part 3 of the National Taxation Reform (Commonwealth-State Relations) Act 1999 by a person that is a State entity within the meaning of that Act.