What is the COVID-19 Payroll Tax Relief?

The COVID-19 Payroll Tax Relief is a tax relief package available for Queensland businesses that have been directly or indirectly affected by COVID-19.

 

Background

You may be eligible for one or more of a range of payroll tax relief measures as a result of the impacts of coronavirus (COVID-19).

These include:

  • refunds of payroll tax for 2 months
  • a payroll tax holiday for 3 months
  • deferral of paying payroll tax for the 2020 calendar year.

As part of this relief package, the refund and payroll tax holiday do not have to be repaid.

 

Eligibility

If you are an employer (or part of a group of employers) who pays $6.5 million or less in Australian taxable wages, you may have received an email about a:

  • refund of your payroll tax for 2 months (November and December 2019)
  • payroll tax holiday (i.e. no payroll tax to be paid) for 3 months (January to March 2020).

You can also apply for a deferral of payroll tax for the 2020 calendar year. (If you have already applied for a deferral, you do not need not reapply – it will be extended.)

If you do not receive an email, or you are unsure about your eligibility, complete the refund/holiday application form.

If you are an employer (or part of a group of employers) who pays more than $6.5 million in Australian taxable wages and have been negatively affected (directly or indirectly) by coronavirus, you can apply for a:

  • deferral of payroll tax for the 2020 calendar year (If you have already applied for a deferral, you do not need not reapply – it will be extended.)
  • refund of your payroll tax for 2 months (January and February 2020).

A business is directly or indirectly affected by coronavirus if their current turnover, profit, customers, bookings, retail sales, supply contracts or other factors are negatively affected compared with normal operating conditions.

 

Timing

Applications close 31 May 2020.

 

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