The Premier, The Hon Mark McGowan and the Minister for Finance, The Hon Ben Wyatt, announced increases to the payroll tax threshold from $850,000 to $950,000 effective from 1 January 2020.
The payroll tax threshold will be further increased to $1,000,000 effective from 1 January 2021.
This will provide payroll tax relief for Western Australian small businesses over two years and will bring the WA payroll tax regime more in line with those in other jurisdictions.
Further information will be available once the amending Bill is introduced into the Parliament.
- See the Minister’s Media Statement for more information.
- See information about payroll tax in Western Australia.
