NSW BUSINESSES BETTER OFF BY $8K PER YEAR THANKS TO NEW PAYROLL TAX CUT
dynamicbusiness | July 15, 2019
Nearly 40,000 small businesses in NSW are now up to $8,175 better off per year following a second cut to payroll tax in 12 months.The payroll tax bracket was lifted from $850,000 to $900,000 on July 1, as the NSW Government progressively raises the threshold from $750,000 to $1 million by 2021-22.