Legislation proposes full transfer duty relief for first-home buyers and removal of payroll tax and mental health levy for general practitioners.
The Queensland government introduced the Revenue Legislation Amendment Bill 2024 to parliament, which proposes full transfer duty relief for first-home buyers and the removal of payroll tax and mental health levy for general practitioners.
The bill amends the Duties Act 2001 to:
Additionally, the bill amends the Payroll Tax Act 1971 to exempt wages paid by medical practices to general practitioners from payroll tax and the mental health levy.
The bill has been referred to the state parliament's Governance, Energy and Finance Committee for further consideration.