In response to the COVID-19 issue, the WA Government has announced a stimulus package which includes payroll tax measures:
- A one-off $17,500 grant to payroll tax paying businesses with payroll $1m-$4m
- Increasing payroll tax threshold to $1m from 1 July 2020, 6 months earlier than planned.
- Deferral of 2019/20 payroll tax to 21 July 2020 for employers paying $7.5m or less in Australian taxable wages and have been directly or indirectly impacted by COVID-19
I will post further updates as announcements are released.
Peter Tobin, Tobin Partners Lawyers email@example.com 0438 001 80