It’s Good Payroll Tax News for Employment Agents
NSW Employment Agents Payroll Tax Case Sets New Benchmark Payroll tax is a state-based tax but varies across states and territories. However, there are some cases where a ruling by a court in one state will apply to all states and territories. Once such instance is a recent ruling in the NSW Supreme Court. The […]
Are you effectively managing your fees for payroll tax?
Payroll tax on management fees. With payroll tax quite a significant impost for many businesses, astute operators have done their homework over the years. They have called in the experts where necessary and structured their business to effectively manage and minimise their obligations under the law. However, there is still one area where I am constantly […]
Simplifying Payroll Tax Calculations
Utilising Our Online Payroll Tax Calculator As you’ve most likely already realised, payroll tax is a complex issue and attending to all the details and processes to ensure you meet your company’s obligations can be an extremely time-consuming process. So, as you would expect in this click ‘n go society, we offer a convenient online […]
Property Market: Tax-Related 1 July 2018 Changes
Every year, 1 July brings a raft of tax and other regulatory changes in regards to our finances and for 2018, there is a focus on tax-related matters in the property market. At both a Federal level and in several states, changes will impact both buyers and sellers. Nationwide Update: New GST Obligations From 1 […]
South Australia Government Proposes Payroll Tax Exemptions
In a move to deliver on one of its election commitments, South Australian Premier, Steven Marshall has introduced legislation to exempt many small businesses from payroll tax. The legislation covers businesses with a taxable payroll of up to $1.5 million, around 3,200 small businesses, and represents savings to each business of up to $44,500 per […]
Northern Territory 2018 Budget Review: Payroll Tax Relief
Amidst the challenging prospect of a significant reduction in GST revenue, the Northern Territory has managed to allow a number of tax-related measures in the 2018 Budget. Across most state budgets for 2018/19, we’re seeing measures to stimulate employment, especially for local-based and regional workers and payroll tax relief as part of a package of […]
Victoria 2018 State Budget Review: Payroll Tax Relief for Regions
Along similar lines to some other states, the Victorian Government also announced Payroll Tax changes in their 2018/19 Budget to support regional areas. Victorian Treasurer, Tim Pallas MP, announced that from 1 July 2018, the rate of payroll tax will be reduced from 3.65% to 2.425% for regional businesses. But before companies with ‘regional interests’ […]
Tasmania 2018 State Budget Review: Payroll Relief
In handing down the State’s 2018/19 Budget, Tasmanian Treasurer, Mr Peter Gutwein, announced relief in the way of payroll tax changes and incentives for interstate businesses to move to the Apple Isle. As part of their 2018 State Election commitments, the Tasmanian Government has introduced changes to Payroll Tax to stimulate business and attract new […]
QLD 2018 State Budget Review: Payroll Tax & Other Tax Changes
The QLD Government is making good on a number of election commitments with measures announced in the 2018 State Budget. While not quite as dramatic and appealing as the changes to payroll tax announced by the NSW State Government, the Queensland Treasurer, Ms Jackie Trad, announced several tax-related measures which should bring financial relief to […]
NSW 2018 State Budget Review: Payroll Tax Changes
If you operate business in NSW, then you may be about to receive a boost to your bottom line, courtesy of the NSW State Government. A key element of the 2018 Budget handed down in June, the NSW Government will be lifting the payroll tax threshold, the point at which businesses are subject to payroll […]