(1) Section 7(1)
is repealed and the following subsection is inserted instead —
“
(1) This section applies in respect of each employer who,
during a financial year —
(a) pays
interstate wages or taxable wages; and
(b) is a
member of a group at least one member of which pays taxable wages,
and declares the rate
of pay-roll tax payable by each such employer that pays taxable wages for the
period that the employer is a member of the group to be the appropriate rate
ascertained in accordance with this section.
”.
(2) Section 7(3)
is amended by deleting “in Western Australia”.
(3) Section 7(4)
is amended by deleting “those members of the group that pay taxable
wages in Western Australia” and inserting instead —
“ the members of the group ”.
(4) Section 7(5)
is amended as follows:
(a) by
deleting “that pays taxable wages in Western Australia”;
(b) in
paragraph (b) by deleting “in Western Australia”;
(c) in
paragraph (c) by deleting “such”.
(5) Section 7(6)
is amended by deleting “in Western Australia”.
(6) Section 7(7)
and (8) are repealed and the following subsections are inserted
instead —
“
(7) If the estimated
total interstate wages and taxable wages paid or payable by all members of a
group throughout Australia for a financial year commencing on
1 July 2001 or 1 July of a subsequent year, or part of that year,
is —
(a) not
more than $2 700 000 x Y , the rate of pay-roll tax payable each
month by each member of the group for the year, or part of the year, shall be
determined as 3.65%;
(b) more
than $2 700 000 x Y but less than $4 500 000 x Y , the
rate of pay-roll tax payable each month by each member of the group for the
year, or part of the year, shall be determined as R %, where —
(calculated to 2 decimal points)
E = amount of
total interstate wages and taxable wages estimated to be paid or payable for
the financial year or part of the financial year by all members of the group
throughout Australia;
(c) not
less than $4 500 000 x Y but less than $5 625 000 x Y ,
the rate of pay-roll tax payable each month by each member of the group for
the year, or part of the year, shall be determined as R %,
where —
(calculated to 2 decimal points)
E = amount of
total interstate wages and taxable wages estimated to be paid or payable for
the financial year or part of the financial year by all members of the group
throughout Australia;
(d)
$5 625 000 x Y or more, no determination shall be made under this
subsection.
(8) Subject to
subsection (12), if the amount of total interstate wages and taxable
wages paid or payable by all members of a group throughout Australia for a
financial year commencing on 1 July 2001 or 1 July of a subsequent
year, or part of that financial year, is —
(a) not
more than $2 700 000 x Y , the rate of pay-roll tax for the year, or
part of the year, is 3.65%;
(b) more
than $2 700 000 x Y but less than $4 500 000 x Y , the
rate of pay-roll tax for the year, or part of the year, is R %,
where —
(calculated to 4 decimal points)
W = amount of
total interstate wages and taxable wages paid or payable for the financial
year or part of the financial year by all members of the group throughout
Australia;
(c) not
less than $4 500 000 x Y but less than $5 625 000 x Y ,
the rate of pay-roll tax for the year, or part of the year, is R %,
where —
(calculated to 4 decimal points)
W = amount of
total interstate wages and taxable wages paid or payable for the financial
year or part of the financial year by all members of the group throughout
Australia;
(d)
$5 625 000 x Y or more, the rate of pay-roll tax for the year, or
part of the year, is 5.56%.
(9) In
subsections (7) and (8) —
”.
(7) Section 7(12)
is amended by deleting “that pays taxable wages in Western
Australia”.