Deferral of payroll tax for business with payrolls over $10 million for six months (up to $4 billion deferred). Businesses with payrolls of $10 million or less received a three-month waiver on payroll tax in the first package. These businesses will now get an additional three-month deferral as well. Check eligibility criteria.
The Government will lift the payroll tax threshold to $1 million commencing 1 July 2020.
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