Payroll Tax Threshold Brought Forward – WA

Cash flow assistance for businesses

In WA - $1 million payroll tax threshold brought forward by six months to July 1, 2020

The threshold will be increased to $1 million on 1 July 2020. This replaces the previously announced increase planned for 1 January 2021.

The threshold increase will be reflected in Revenue Online when it comes into effect in July.

The initial threshold increase to $950,000 that came into effect on 1 January 2020 is already reflected in Revenue Online for employers lodging monthly and quarterly returns. Employers who cancel their registration as a result of the increase will need to wait until the annual reconciliation function is available in August 2020 for adjustments to be made to their tax liability

Key Dates:

This applies to the financial year 2020/2021.

Links to Government Resources

FAQs

WA 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 Threshold Brought Forward - WA - Frequently Asked Questions(FAQ)

What businesses are eligible to have there payroll tax threshold brought forward?

WA 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.

Supported by

Join for updates