New Payroll Tax Exemption – Hiring Resident Employees

Published: 06 Jul 2018

As part of the 2018-19 Budget, the Treasurer announced a new payroll tax exemption.

From 1  May 2018, a payroll exemption is available for up to two years in relation to wages paid to:

  1. a Territory resident who, when hired, increases the total number of Territory residents employed by a Territory business; or
  2. an existing employee of a Territory business, who relocates from living interstate or overseas to reside in the Territory as their principal place of residence; or
  3. a Territory resident hired by a Territory business to replace a former employee who resides interstate or overseas.

For more information on the exemption and the eligibility criteria for this, please refer to CG-PRT-008: Hiring Resident Employees.