WA Payroll tax COVID-19: A range of payroll tax stimulus measures are being implemented in Western Australia to assist business with cash flow issues resulting from COVID-19.

In particular, certain businesses in WA will receive grants, while others will be allowed to defer payments of payroll tax for months.

Also, the future uplift of payroll tax thresholds will be brought forward to assist some businesses with their future obligations.

  • – Small businesses that pay payroll tax will receive a one-off grant of $17,500
  • – $1 million payroll tax threshold brought forward by six months to July 1, 2020
  • – Businesses impacted by COVID-19 can defer payroll tax payments until July 21, 2020

 

Read more:

https://www.mediastatements.wa.gov.au/Pages/McGowan/2020/03/COVID-19-economic-response-Relief-for-businesses-and-households.aspx

See the latest updates on COVID-19 and how it may affect you here.