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The Pay-roll Tax Incentive Scheme | The Pay-roll Tax Incentive Scheme |
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The Pay-roll Tax Incentive Scheme (PTIS) is a key element of the NSW Government's approach to assisting new and existing businesses to establish and grow in locations where unemployment is above the state average.
The scheme will commence on 1 July 2006 and will provide a pay-roll tax rebate at the end of a financial year worth up to $144,000 a year for the first three years for businesses wanting to invest in areas of NSW with higher than the State average unemployment. These businesses will continue to receive a pay-roll tax rebate in years four and five. The scheme will be available to employers who have not paid or been liable to pay pay-roll tax in NSW prior to the financial year in respect of which an application is made. The pay-roll tax incentive will be directed to businesses seeking to relocate or expand in the following locations or regional areas: Richmond-Tweed Mid-North Coast Hunter Central Coast Fairfield/Liverpool Outer South Western Sydney Canterbury Bankstown Illawarra Employers must pay pay-roll tax to the Office of State Revenue as per their requirements throughout the financial year. Application forms will be available to download from 1 July 2006. For more information please email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or call 1300 733 523. |
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| Last Updated ( Friday, 29 June 2007 ) |