State Budget: NSW Payroll Tax Relief
Due to COVID-19 the state and territories have delayed bringing down their annual budgets in line with the decision made in regard to the Federal Budget. So in November rather than May we see the annual NSW budget with a major focus on post-COVID-19 recovery and business support. In bringing down the budget, Treasurer Dominic […]
South Aust Budget Delivers Further Payroll Tax Relief
Due to the uncertainty around the economic impacts of COVID-19, the states and territories postponed bringing down their annual budgets by up to 6 months. We’re now seeing these budgets being brought down and getting a better and more comprehensive picture of what relief is available to businesses in regard to their payroll tax obligations. […]
NT Budget Announces Additional Payroll Tax Relief
As have other states and territories, NT has brought down its annual budget later in the year due to COVID-19. The Chief Minister and Treasurer, Michael Gunner, delivered the 2020/21 Budget on 10 November 2020. The budget not only includes relief for payroll tax but also a wage subsidy program. The key take-outs are: For […]
Jobs Plus: NSW Payroll Tax Relief
In a statement issued on 5 November, the NSW Premier, Gladys Berejiklian, announced a Jobs Plus Program which would provide payroll tax relief and other support for businesses that create at least 30 new net jobs in the state. Part of the state’s 2020/21 Budget, the $250 million program is designed to encourage interstate and […]
NSW Payroll Tax Payment Arrangements
The NSW Government through Revenue NSW has announced a payment arrangement process for businesses to pay their deferred and recent liabilities over a 24 month period. But you’ll need to be quick if you would like to take advantage of these arrangements because the sign-up period is limited to a window from 26 October to […]
South Australia Payroll Tax Waiver Extended
On 28 September 2020, South Australian Treasurer Rob Lucas announced further payroll tax relief which is expected to assist up to 2,400 businesses. The announcement provides an extra 3 month payroll tax waiver for eligible businesses that is – those affected by COVID-19. Eligible businesses include those with annual grouped payroll of up to $4m […]
NT Payroll Tax Relief Extended
In addition to payroll tax support announced earlier in the year, the Northern Territory Government has further extended relief as part of their Jobs Rescue and Recovery Plan Business Hardship Package. The initial support was available for 6 months from April 2020. That relief has now been extended to eligible businesses to cover a total […]
NSW Payroll Tax Update & Changes
In a statement released on 17 September 2020, Revenue NSW announced details in regard to payroll tax deferrals, increase in threshold and reduction in payroll tax liability for some businesses. These measures are part of the NSW Government’s economic support package. Some of these measures were introduced earlier in the year and we see this […]
Victoria Government Defers 20/21 Payroll Tax
To further support businesses progress through the ‘Roadmap to COVID Normal’ on 13 September, Victorian Premier Daniel Andrews announced additional payroll tax relief for some businesses. Several measures in regard to payroll tax relief have previously been announced with the Premier stating that around 20,000 businesses had received refunds of payroll tax in the last […]
Additional COVID-19 Support for QLD Business: Payroll Tax Relief
In response to the ongoing risks to business from the coronavirus pandemic, the Queensland Government has further eased the tax burden on struggling businesses with additional payroll tax relief announced by Treasurer Cameron Dick. The payroll tax measures announced by the Treasurer on 7 September 2020 include:- Two Month Payroll Tax Waiver Payroll tax for […]
