Australia: Payroll tax changes (Victoria, South Australia, and Tasmania)
The governments of Victoria, South Australia, and Tasmania announced payroll tax-related changes.
Victoria, South Australia, and Tasmania announced payroll tax-related changes
The governments of Victoria, South Australia, and Tasmania announced the following payroll tax-related changes:
- In Victoria, all general practice (GP) businesses will be exempt from any outstanding or future assessment issued for payroll tax on payments to contractor GPs until 30 June 2024. A further 12-month exemption from payroll tax for payments to contractor GPs (until 30 June 2025) will be available for any GP business that has not already received advice and begun paying payroll tax on payments to their contractor GPs on this basis. The government will also provide payroll tax exemption for payments to contractor GPs and to employee GPs for providing bulk-billed consultations beginning 1 July 2025.
- In South Australia, the government announced that it will exempt wages earned by GPs for bulk-billed services provided to patients from payroll tax beginning 1 July 2024. The exemption will include practices which successfully applied for the existing payroll tax amnesty (due to expire 30 June 2024) as well as those practices which have fully met their existing payroll tax exemptions.
- In Tasmania, the government announced that it will extend its payroll tax rebate scheme, which provides payroll tax relief to businesses that employ apprentices, trainees, and youth employees, to 30 June 2025.
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