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View all AlliancesHelping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.
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Learn morePaid parental leave payments do not constitute wages and are therefore not liable to payroll tax.
Victoria’s State Revenue Office (SRO) has issued an updated ruling that clarifies its views on the federal government’s paid parental leave (PPL) scheme.
The updated Revenue Ruling PTA-037v2 replaces PTA-037 and states that PPL payments are commonwealth government payments that employers are asked to pay on behalf of the commonwealth government.
Therefore, the Commissioner of State Revenue is of the view that PPL payments do not constitute wages under the Payroll Tax Act 2007 and are therefore not liable to payroll tax.
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