Changes to payroll tax exemption for trainees announced

Changes to payroll tax exemption for trainees
The McGowan government has announced it will fund 9,600 training places in 2018 by closing a loophole that has seen companies avoid paying their fair share of payroll tax. From 1st December, exemptions will be limited to all apprenticeships and to traineeships undertaken by new employees earning no more than $100,000 per annum at the date of lodgement of the contract with the Department of Training and Workforce Development. The savings will be redirected to fund 43,350 training places over the forward estimates.  Click here to read the government media release.

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