In NSW - Businesses whose total grouped wages for 2019/20 is less than $10million will have their annual payroll tax reduced by 25% or if they pay monthly, no payments for March, April or May are required.
Businesses in NSW with total grouped wages for this financial year (2019/20) of up to $10 million will have their annual payroll tax reduced by 25% when lodging their annual reconciliation which is due 28 July.
Also, businesses who pay their payroll tax monthly with a payroll of up to $10 million dollars for this year will not need to pay for March, April or May 2020.
Wage details will still need to be given when lodging your annual reconciliation and the 25% reduction benefit will be applied to the tax due for 2019-20.
NSW Businesses whose total grouped Australian wages for 2019/20 are no more than $10 million.
Annual reconciliation lodgements are due 28 July 2020.
Monthly lodgements will receive the benefit in March, April and May 2020.
Links to Government Resources
NSW business will receive a benefit of up to 25% of their annual payroll tax.
NSW Businesses with a total grouped Australian wages for the 2019/20 financial year of no more than $10 million.
Your benefits will be received when lodging your payroll tax reconciliations.