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Bookkeeping for New South Wales businesses

We keep the books for New South Wales businesses in the cloud accounting software they already use. Here is the state at a glance: who lives here, which industries its businesses work in, and the payroll tax and long service leave rules employers in New South Wales follow.

  • By Book Keeping Pros
  • Sources checked 15 Oct 2026

New South Wales businesses in figures

Estimated resident population of New South Wales, 30 June 2025 (preliminary)
8,592,524 peopleAustralian Bureau of Statistics. Checked 15 Oct 2026.
Growth in the estimated resident population of New South Wales, 30 June 2024 to 30 June 2025
1.2%Australian Bureau of Statistics. Checked 15 Oct 2026.
Actively trading businesses whose main state or territory is New South Wales, June 2025
916,603 businessesAustralian Bureau of Statistics. Checked 15 Oct 2026.

How we look after New South Wales businesses

  • In your own software

    We work in your Xero, MYOB or QuickBooks file, so your records stay in one place and you can see every entry we make.

  • Kept current each month

    Bank feeds reconciled, bills and invoices matched and your accounts tidied every month, so the numbers are ready when you or your accountant need them.

  • Behind on the books?

    If months have slipped by, we catch up the missing periods first, then keep them current from there.

New South Wales businesses by industry

The ABS may perturb small counts to protect confidentiality, so the figures need not add up exactly.

  1. Construction155,901 businesses
  2. Professional, Scientific and Technical Services128,623 businesses
  3. Rental, Hiring and Real Estate Services104,360 businesses
  4. Transport, Postal and Warehousing74,092 businesses
  5. Health Care and Social Assistance70,062 businesses
  6. Agriculture, Forestry and Fishing52,896 businesses
  7. Financial and Insurance Services51,494 businesses
  8. Retail Trade51,433 businesses
Source: Australian Bureau of Statistics, Counts of Australian Businesses. Checked 15 Oct 2026.

New South Wales businesses by number of employees

The ABS may perturb small counts to protect confidentiality, so the figures need not add up exactly.

  1. Non-employing560,397 businesses
  2. 1 to 4 employees257,740 businesses
  3. 5 to 19 employees74,879 businesses
  4. 20 to 199 employees21,099 businesses
  5. 200 or more employees1,963 businesses
Source: Australian Bureau of Statistics, Counts of Australian Businesses. Checked 15 Oct 2026.

Payroll tax and long service leave in New South Wales

Each state and territory sets its own payroll tax and long service leave rules. The payroll tax figures are for the 2026-27 financial year.

Annual payroll tax threshold in New South Wales, 2026-27
$1,200,000Revenue NSW. Checked 15 Oct 2026.
Payroll tax rate in New South Wales, 2026-27
5.45%Revenue NSW. Checked 15 Oct 2026.
Long service leave in New South Wales: years of service for the full entitlement
10 yearsNSW Industrial Relations. Checked 15 Oct 2026.

Services for New South Wales businesses

Questions from New South Wales businesses

Do you work with businesses anywhere in New South Wales?
Yes. Everything we do happens in your cloud accounting software, so a business in a regional town is looked after the same way as one in the city.
Which accounting software do you use?
We work in Xero, MYOB and QuickBooks. If your books are in another package, tell us what you use and we'll say whether we can help.
Does New South Wales payroll tax apply to my business?
Payroll tax is a state tax on wages above the threshold shown on this page. Whether it applies depends on your total wages, so check the rules with the state or your accountant before you rely on them.
What does bookkeeping cost?
It depends on how many transactions you have and how current your books are. Tell us what you need and we'll quote before any work starts.
How do we get started?
Send us a few details through the contact page, including the software you use and how far behind the books are, and we'll come back to you with a quote.

Sources

  1. Population estimates by SA2 and above, 2001 to 2025 (32180DS0003_2001-25.xlsx)

    Australian Bureau of Statistics. Estimated resident population at 30 June, 2001 to 2025 (2022 to 2024 revised, 2025 preliminary), released 31 March 2026. Checked 15 October 2026.

    Source: Australian Bureau of Statistics, Regional population, 2024-25 financial year, licensed under CC BY 4.0 Licence: CC BY 4.0.

  2. Counts of Australian Businesses, data cube 1: Tables 1 to 20 (8165DC01.xlsx)

    Australian Bureau of Statistics. Actively trading businesses at 30 June 2025, released 16 December 2025. Checked 15 October 2026.

    Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, June 2021 to June 2025, licensed under CC BY 4.0 Licence: CC BY 4.0.

  3. Counts of Australian Businesses, data cube 8: Businesses by industry division by Statistical Area Level 2 by employment size ranges (8165DC08.xlsx)

    Australian Bureau of Statistics. Actively trading businesses at 30 June 2025, released 16 December 2025. Checked 15 October 2026.

    Based on Australian Bureau of Statistics data, Counts of Australian Businesses, including Entries and Exits, June 2021 to June 2025, licensed under CC BY 4.0 Licence: CC BY 4.0.

  4. Payroll tax thresholds and rates

    Revenue NSW. 2025-26 and 2026-27, released 1 July 2026. Checked 15 October 2026.

    © State of New South Wales through Revenue NSW Licence: Revenue NSW terms of use: copyright, State of New South Wales.

  5. Long Service Leave Guide (NSW), March 2026

    NSW Industrial Relations. First published March 2026, released 2 March 2026. Checked 15 October 2026.

    © State of New South Wales 2026 Licence: All rights reserved, State of New South Wales.

  6. Correspondence, GCCSA 2021 to GCCSA 2026 (CG_GCCSA_2021_GCCSA_2026.csv)

    Australian Bureau of Statistics. ASGS Edition 4, July 2026 to June 2031, released 22 July 2026. Checked 15 October 2026.

    Source: Australian Bureau of Statistics, Australian Statistical Geography Standard (ASGS) Edition 4, licensed under CC BY 4.0 Licence: CC BY 4.0.