Tax relief measures for eligible New South Wales businesses impacted by COVID-19

Overview

2021 payroll tax deferral and new support payment arrangement for ALL businesses

• 50% reduction in 2021/22 payroll tax liability for businesses with grouped Australian wages of $10 million or less who experienced a 30% decline in turnover
• Payroll tax customers eligible for a 2021 COVID-19 Business Grant or JobSaver payment whose total grouped Australian wages for the 2021/22 financial year are $10 million or less, will have their annual tax liability reduced by 50% when they lodge their  2022 Annual Payroll Tax Reconciliation online.
• Customers with total grouped wages of $10 million or less, who did not receive a 2021 COVID-19 Business Grant or JobSaver payment, may still be eligible for the 50% reduction if they are able to demonstrate that they have experienced a 30% decline in turnover during a minimum 14-day period during the ‘Greater Sydney lockdown’ (26 June to 30 November 2021) compared to the same period in 2019 or 2020.