Payroll Tax Relief – NSW

Cash flow assistance for businesses

In NSW - The Tax Free Threshold for payroll tax will increase to $1 million.

For the year starting 1 July 2020, Businesses in NSW will only be liable for payroll tax if their total grouped wages for the financial year is more than $1 million.

The Payroll Tax Free Threshold will be raised from $900 000 to $1 million for the financial year starting 1 July 2020.

Key Dates:

This applies to the financial year 2020/2021.

Links to Government Resources

FAQs

NSW Businesses that have a payroll of under $1 million will not be liable for payroll tax.

Your benefits will be received when lodging your payroll tax reconciliations.

Payroll Tax Relief for Next Year - NSW - Frequently Asked Questions(FAQ)

What businesses are eligible to receive pay roll tax support?

NSW Businesses that have a payroll of under $1 million will not be liable for payroll tax.

What do I need to do to access the payroll tax package?

Your benefits will be received when lodging your payroll tax reconciliations.

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