On 26 March, the South Australian Premier, Steven Marshall announced a second package of economic stimulus measures in response to the coronavirus crisis.
The package includes payroll tax relief:-
Businesses with annual grouped payroll up to $4m:
- Payroll tax waived for 6 months: April to September 2020
Businesses with grouped annual wages over $4m, which have been significantly impacted by coronavirus:
- Deferment of payroll tax payments for 6 months
This crisis is moving very fast and governments are responding with new announcements every few days. I am staying across all developments relevant to payroll tax and will post updates as they are announced.
Peter Tobin, Tobin Partners Lawyers email@example.com 0438 001 80