22-10-2020

Reminder – Payroll Tax Relief Deadline Approaching for July & August Refunds.

Applications for a refund of your payroll tax for July and August 2020 must be lodged by 30 October 2020.

Employers (or groups of employers) who pay $6.5 million or less in Australian taxable wages in a financial year, can apply for a refund of payroll tax for July and August 2020.

These refunds do not have to be repaid.

Applications for a refund of your payroll tax must be lodged by 30 October 2020

I have already deferred my payments for July and August, do I still need to apply?

If you would like your July and August liabilities to be waived (rather than having to pay them in January) then you will need to lodge a refund application. A refund application is required to be submitted to the Office of State Revenue by 30 October 2020.

What happens if I don’t apply by 30 October 2020?

If you do not apply by 30 October 2020 you will not receive the payroll tax relief for July and August. Late applications will not be accepted.

Please contact our office on 3831 1055 if you require any assistance with reviewing your Payroll Tax obligations to determine if you are eligible for the refund.

Disclaimer:
The information on this website and the links provided are for general information only and should not be taken as constituting professional advice from Hall Browns Accountants. You should consider seeking the appropriate legal, financial, or taxation advice to check how the website information relates to your unique circumstances.

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