#Payroll Tax
NSW businesses better off by $8k per year thanks to new payroll tax cut
Nearly 40,000 small businesses in NSW are now up to $8,175 better off per year following a second cut to payroll tax in 12 months. The payroll tax bracket was lifted from $850,000 to $900,000 on July 1, as the NSW Government progressively raises the threshold from $750,000 to $1 million by 2021-22. NSW Treasurer […]
NSW Budget: no guiding light towards prosperity
Business, particularly SME’s, should be disappointed by a small adjustment to payroll tax and not enough focus on business growth and attraction in the NSW Budget.
BDO: ‘NSW Budget payroll tax cuts not enough’
Premier Kristina Keneally and Treasurer Eric Roozendaal have brought forward their plans to cut payroll tax under measures introduced in today’s NSW state budget.
Payroll tax changes demanded in NSW Budget
Payroll tax and stamp duty changes are demanded in NSW’s Budget next Tuesday in order to return NSW business competitiveness and encourage employment, says accounting firm BDO.
Understanding payroll tax
Do you know your payroll tax rights and obligations? We take a look at the crucial payroll tax clauses every business owner should know about. Payroll tax is a state and territory tax levied on wages paid by employers to their employees unless a relevant exemption or exclusion is applicable, although these and other features […]