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COVID-19 payroll tax relief measures

Rohan Harris, Libby Pallot, Ellen O'Neil & Mary Anne Flores

The majority of State and Territory Revenue offices have recently announced various measures to provide payroll tax relief to businesses in response to COVID-19 and associated economic impacts. These measures range from tax waivers and deferrals, increases to the tax threshold, tax refunds and grants, and differ for each state or territory and depending on the size of the business payroll.

Further details are set out in the respective announcements from Revenue offices of the relevant state or territory as set out below.

Please contact us if you require any guidance or assistance.

New South Wales

https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/payroll-tax 

Victoria

https://www.sro.vic.gov.au/news/new-tax-measures-support-businesses

Queensland

https://www.business.qld.gov.au/running-business/employing/payroll-tax/lodging/coronavirus-tax-relief

Western Australia

https://www.wa.gov.au/government/multi-step-guides/payroll-tax-employer-guide/covid-19-relief-payroll-tax-employer-guide

South Australia

No payroll tax changes announced to date by Revenue SA. However, an announcement was made on 10 March 2020 by Premier Steven Marshall noting that legislation had been introduced to Parliament which seeks to exempt all businesses with payrolls less than $1.5 million from payroll tax. https://www.premier.sa.gov.au/our-plan/delivering-for-south-australia/no-payroll-tax-for-small-business

Tasmania

https://www.sro.tas.gov.au/payroll-tax/coronavirus

Northern Territory

https://treasury.nt.gov.au/dtf/territory-revenue-office/payroll-tax - no specific announcement at this stage.


Australian Capital Territory

https://apps.treasury.act.gov.au/budget/covid-19-economic-survival-package/local-business-and-industry

 

Further Assistance

Please contact Rohan Harris, Libby Pallot or Ellen O’Neil should you require further information or advice in relation to payroll tax relief for businesses.

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