COVID-19 Business Support

WA: Payroll tax waiver

Summary

Payroll tax will be waived from March to June 2020 for employers, or groups of employers, whose Australian taxable wages are less than $7.5 million at 30 June 2020. Employers must retain evidence of their Australian taxable wages at 29 February 2020 showing their entitlement to claim the waiver. For group employers, the designated group employer (DGE) is responsible for determining the group’s Australian taxable wages and for notifying group members if the group is eligible for the waiver. Group members must retain evidence to show the DGE notified them of their eligibility to claim the waiver. The Treasurer encourages eligible businesses not negatively affected by COVID-19 to keep paying tax as normal so the funds allocated to this initiative can be used to assist other businesses that are not so fortunate.
Payroll tax will be waived from March to June 2020 for employers, or groups of employers, whose Australian taxable wages are less than $7.5 million at 30 June 2020.

Employers must retain evidence of their Australian taxable wages at 29 February 2020 showing their entitlement to claim the waiver.

For group employers, the designated group employer (DGE) is responsible for determining the group’s Australian taxable wages and for notifying group members if the group is eligible for the waiver.

Group members must retain evidence to show the DGE notified them of their eligibility to claim the waiver.

The Treasurer encourages eligible businesses not negatively affected by COVID-19 to keep paying tax as normal so the funds allocated to this initiative can be used to assist other businesses that are not so fortunate.

Australian taxable wages less than $5 million at 29 February 2020

  • Do not apply for the waiver. Your payroll tax for March to June will automatically be waived.
  • Lodge and pay all returns up to and including your February return.
  • If your Australian taxable wages (including WA taxable wages and interstate taxable wages) are less than $5 million, lodge your returns for March to June, entering your WA taxable wages as normal.
  • Then record your WA taxable wages in the 'exempt (other) wages' field to apply the waiver.

Australian taxable wages $5 million or more at 29 February 2020, or new employers from 1 March

  • Apply to defer lodging and paying returns if your Australian taxable wages were $5 million or more at 29 February and you expect your wages to be less than $7.5 million at 30 June, or if you are a new employer registered for payroll tax from 1 March 2020.
  • Payroll tax for March to June 2020 will be waived at annual reconciliation if Australian taxable wages are less than $7.5 million at 30 June 2020.
  • Complete the Application Form and submit it via a web enquiry.
  • If you are a member of a group for payroll tax purposes, the designated group employer (DGE) must submit the application.
  • Lodge and pay all returns up to and including your February return.
  • If your application is approved, your due date for lodgment and payment will be extended to 21 July.
  • Your approval advice will include instructions for completing annual reconciliation.
  • If your 2019-20 annual Australian taxable wages are less than $7.5 million, payroll tax for the March to June returns will be waived.
  • If your 2019-20 annual Australian taxable wages are $7.5 million or more, you will need to complete your returns and pay tax for the months that were deferred.
  • If you expect your annual Australian taxable wages will be $7.5 million or more and you are concerned about meeting your payroll tax obligations, you can apply online for an interest-free payment arrangement.
WA: Payroll tax waiver WA: Payroll tax waiver <p> <strong>Australian taxable wages less than $5 million at 29 February 2020 </strong> </p> <ul> <li>Do not apply for the waiver. Your payroll tax for March to June will automatically be waived.</li> <li>Lodge and pay all returns up to and including your February return.</li> <li>If your Australian taxable wages (including WA taxable wages and interstate taxable wages) are less than $5 million, lodge your returns for March to June, entering your WA taxable wages as normal.</li> <li>Then record your WA taxable wages in the 'exempt (other) wages' field to apply the waiver.</li> </ul> <p> <strong>Australian taxable wages $5 million or more at 29 February 2020, or new employers from 1 March </strong> </p> <ul> <li>Apply to defer lodging and paying returns if your Australian taxable wages were $5 million or more at 29 February and you expect your wages to be less than $7.5 million at 30 June, or if you are a new employer registered for payroll tax from 1 March 2020.</li> <li>Payroll tax for March to June 2020 will be waived at annual reconciliation if Australian taxable wages are less than $7.5 million at 30 June 2020.</li> <li>Complete the Application Form and submit it via a web enquiry.</li> <li>If you are a member of a group for payroll tax purposes, the designated group employer (DGE) must submit the application.</li> <li>Lodge and pay all returns up to and including your February return.</li> <li>If your application is approved, your due date for lodgment and payment will be extended to 21 July.</li> <li>Your approval advice will include instructions for completing annual reconciliation.</li> <li>If your 2019-20 annual Australian taxable wages are less than $7.5 million, payroll tax for the March to June returns will be waived.</li> <li>If your 2019-20 annual Australian taxable wages are $7.5 million or more, you will need to complete your returns and pay tax for the months that were deferred.</li> <li>If you expect your annual Australian taxable wages will be $7.5 million or more and you are concerned about meeting your payroll tax obligations, you can apply online for an interest-free payment arrangement.</li> </ul> P450 https://www.savvysme.com.au/marketplace/images/detailed/1/blob_sb43-of.png 0.000000 2020-06-01