All ACT businesses with Australia-wide wages of up to $10 million can defer their 2020-21 payroll tax, interest free until 1 July 2022.
How to apply
Businesses will need to complete a simple online application form (which will be available soon) to confirm their eligibility by visiting the ACT Revenue Office website.
Note: hotels, clubs, pubs, restaurants and cafes, and businesses in the creative arts, entertainment sectors will have their payroll tax waived for 6 months from April to September.
Payroll tax customers whose total grouped Australian wages for the 2019/20 financial year are no more than $10 million will have their annual tax liability reduced by 25% when they lodge their annual reconciliation, which is due on 28 July.
For those customers who lodge and pay monthly and whose total Australian wages will be no more than $10 million for the current financial year, no payment for the months of March, April or May 2020 will be required.
When lodging your annual reconciliation, you will still need to provide wage details paid in these months and will receive the benefit of a 25% reduction in the amount of tax you would have had to pay for 2019-20.
The Government will provide full payroll tax refunds for the 2019-20 financial year to small and medium-sized businesses with payroll of less than $3 million – giving $550 million back to businesses who need it.
Businesses may be eligible for a deferral of the remainder of their 2019/20 financial year payment obligations until 20 July 2020.
You must continue to lodge returns during this time.
How to apply
Simple online form with confirmation of approval (or not) via email.
Payroll tax liabilities will be waived for hospitality, tourism and seafood industry businesses for the last four months of 2019-20.
Other businesses with payrolls of up to $5 million will be able to apply, based on the impact of virus, to have their payroll tax waived for April to June 2020.
One-year rebate for employers who pay payroll tax and employ new youth employees aged 24 years and under. (Commencing 1 April 2020)
How to apply
Details available at the State Revenue Office website soon.
None available at this time
Payroll tax-paying businesses with a payroll between $1m and $4m will receive a one-off grant of $17,500 to assist with the impact of COVID-19.
The State Government will also fast track additional payroll tax relief for small businesses with the payroll tax threshold being increased to $1m from 1 July 2020.
Small and medium size businesses affected by COVID-19 will also be able to defer payment of their 2019-20 payroll tax until 21 July 2020.
The deferral will be available to employers who pay $7.5m or less in Australian Taxable Wages and have been directly or indirectly impacted by COVID-19.
According to the Government’s website, a business is ‘affected’ if turnover, profit, customer numbers, bookings, retail sales, supply contracts, or other factors have seen a negative impact, because of the coronavirus outbreak.
How to Apply
Complete the Payroll Tax Deferral Application Form & submit via web enquiry
A payroll tax exemption for hiring Territory employees has been extended to 30 June 2021.
All information current as at 22 March 2020