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PAYROLL TAX ACT 2007 - SECT 99A
Temporary reduction for businesses with annual wages of $10 million or less for financial year 2019-2020
99A Temporary reduction for businesses with annual wages of $10 million or
less for financial year 2019-2020
(1) An employer who is liable to pay payroll tax on wages paid or payable for
the financial year commencing on 1 July 2019 is only required to pay 75% of
that payroll tax if all Australian wages paid or payable by the employer are
$10,000,000 or less.
(2) An employer who is part of a group is not eligible
for the reduction referred to in subsection (1) unless the employer provides
the Chief Commissioner with the following information-- (a) information about
all other employers who are part of the group,
(b) the amount of
taxable wages and interstate wages paid or payable by each of those employers
for the financial year commencing on 1 July 2019.
(3) For the avoidance of
doubt, an employer does not cease to be eligible for the reduction referred to
in subsection (1) merely because the employer ceased paying wages before the
commencement of this section.
(4) In this section--
"all Australian wages paid or payable" by an employer means the sum of the
following-- (a) all taxable wages paid or payable by the employer,
(b) all
interstate wages paid or payable by the employer,
(c) all taxable wages and
interstate wages paid or payable by all members of the group that the employer
is part of.
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