Perth Thursday, 10 October 2013. Western Australian State Government
tax relief returns $100million to small business in 2012-13.
More than $200million in payroll tax returned since 2009-10
The State Government’s payroll relief measures have returned more
than $100million to small businesses in the 2012-13 financial year.
Finance Minister Mike Nahan said the tax was returned to more than
6,500 employers across Western Australia.
The Liberal National Government introduced the tax relief measures
under the 2012-13 State Budget to provide small businesses with
rebates.
Small businesses with payrolls of up to $1.5million for the 2012-13
financial year received a one-off rebate of up to $41,250 to fully
offset their 2012-13 payroll tax liabilities.
Dr Nahan said small businesses with a payroll between $1.5million
and $3million also received a partial rebate.
“I am happy to announce today that this Government has now paid
payroll tax rebates totalling over $100million as part of the
2012-13 Budget tax relief measures,” he said.
“This initiative recognises that the success of small business is
crucial to the economic and social well-being of all West
Australians.
“While the resources sector has been driving growth in the economy
for the past few years, small business is the heart of the economy,
creating jobs for people in their local communities.”
Small Business Minister Joe Francis said the rebates followed a
$100million one-off payroll tax rebate announced as part of the
2009-10 Budget, bringing the total payroll tax relief for small
businesses to more than $200million.
“The Government recognises the value Western Australian businesses
place on tax relief and these measures are aimed at reducing the tax
burden on businesses as they go about their day-to-day operations,”
Mr Francis said.
Fact File
Businesses with a payroll of up to $15million also received a rebate
for tax paid on wages for new indigenous employees hired since July
1, 2012, over the first two years of employment.
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