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 that can demonstrate that their business has been significantly impacted by COVID-19.
The 3 month waiver extension is based on September to November returns. This relief is in additional to the deferrals which have already been provided over the past 6 months. This included deferring liabilities due in October to December 2020 until 14 January 2021.
I advise businesses to check eligibility criteria on the SA Government website.
Peter Tobin, Tobin Partners Lawyers peter@tobin.net.au 0438 001 809