Skip to content
Book Keeping Pros home
Get a quote

Bookkeeping for Victorian businesses

From Melbourne to the regional centres, we keep Victorian businesses' books inside the Xero, MYOB or QuickBooks file they already run. This page sets out the state's population, the industries its businesses trade in, and the employer rules Victoria sets for payroll tax and long service leave.

  • By Book Keeping Pros
  • Sources checked 15 Oct 2026

Victoria businesses in figures

Estimated resident population of Victoria, 30 June 2025 (preliminary)
7,073,859 peopleAustralian Bureau of Statistics. Checked 15 Oct 2026.
Growth in the estimated resident population of Victoria, 30 June 2024 to 30 June 2025
1.8%Australian Bureau of Statistics. Checked 15 Oct 2026.
Actively trading businesses whose main state or territory is Victoria, June 2025
754,400 businessesAustralian Bureau of Statistics. Checked 15 Oct 2026.

What we do for Victorian businesses

  • Work done in your file

    Everything happens in the accounting file you already have, so there is no second set of books and you can check our entries whenever you like.

  • Reconciled month by month

    We reconcile your bank feeds each month and match each bill and invoice to the payment it belongs to.

  • Missing months caught up

    Where the books have gaps, we start at the oldest missing month and work forward until they are current.

Victoria businesses by industry

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

  1. Construction126,752 businesses
  2. Professional, Scientific and Technical Services94,979 businesses
  3. Rental, Hiring and Real Estate Services82,173 businesses
  4. Health Care and Social Assistance57,665 businesses
  5. Retail Trade47,315 businesses
  6. Agriculture, Forestry and Fishing37,570 businesses
  7. Financial and Insurance Services37,212 businesses
  8. Administrative and Support Services36,467 businesses
Source: Australian Bureau of Statistics, Counts of Australian Businesses. Checked 15 Oct 2026.

Payroll tax and long service leave in Victoria

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. Regional employer discounts and payroll tax surcharges may apply. See the detailed rules and confirm your position with the State Revenue Office or your accountant.

Annual payroll tax threshold in Victoria, 2026-27
$1,000,000Office of the Chief Parliamentary Counsel Victoria. Checked 15 Oct 2026.
Standard payroll tax rate in Victoria, 2026-27
4.85%Office of the Chief Parliamentary Counsel Victoria. Checked 15 Oct 2026.
Long service leave in Victoria: years of continuous employment before leave is due, or paid on leaving for any reason
7 yearsOffice of the Chief Parliamentary Counsel Victoria. Checked 15 Oct 2026.

More locations

Places in Victoria

Other states and territories

Services for Victoria businesses

Common questions from Victorian businesses

Do you look after businesses in regional Victoria?
Yes. We work with businesses across Australia through their cloud accounting software, so a business in Ballarat, Bendigo or Mildura is looked after the same way as one in Melbourne.
Where can I check Victorian payroll tax rules?
Victoria's payroll tax is administered by the State Revenue Office Victoria, whose website sets out the rules. This page shows the threshold and rate, but wages paid interstate and grouping with related businesses can change whether you pay, so confirm your position with the State Revenue Office or your accountant.
Is Victorian long service leave the same as in other states?
No. Victoria has its own long service leave law, and its rules are not the same as those in neighbouring New South Wales or South Australia. The years of service needed for the full entitlement are shown on this page, and your accountant can tell you how they apply to your staff.
Which software do we need?
Xero, MYOB or QuickBooks. We work in the file you already keep, so nothing has to move. Using another package? Tell us which one and we'll say whether we can help.
How do you price the work?
We look at how many transactions pass through your accounts and how far behind the books are, then quote before we begin.

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 Act 2007 (Vic), Authorised Version No. 041

    Office of the Chief Parliamentary Counsel Victoria. Authorised Version No. 041, as at 1 May 2026, released 1 May 2026. Checked 15 October 2026.

    © State of Victoria (Government Printer) Licence: Victorian Legislation copyright notice: copyright, State of Victoria.

  5. Long Service Leave Act 2018 (Vic), Authorised Version No. 006

    Office of the Chief Parliamentary Counsel Victoria. Authorised Version No. 006, as at 12 December 2025, released 12 December 2025. Checked 15 October 2026.

    © State of Victoria (Government Printer) Licence: Victorian Legislation copyright notice: copyright, State of Victoria.

  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.