Payroll Tax - Employment of Trainee Graduates
1. Was payroll tax refunded in relation to the employment of trainee graduates between 1 July 1994 and 30 June 1995; if so, what was the amount of the refund.
ANSWER
The Regulations made under the Pay-roll Tax Act provide for claims for refunds in respect of Trainee Graduates to be made in the year following the payment of the relevant wages. As the Trainee Graduate refund provisions were introduced in 1994/95 no refunds were made during that year. However, claims are being received and refunds to the amount of $4243 have been made this financial year relating to 1994/95 wages. Further refunds are expected to be made during the year.
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ANSWER
The Regulations made under the Pay-roll Tax Act provide for claims for refunds in respect of Trainee Graduates to be made in the year following the payment of the relevant wages. As the Trainee Graduate refund provisions were introduced in 1994/95 no refunds were made during that year. However, claims are being received and refunds to the amount of $4243 have been made this financial year relating to 1994/95 wages. Further refunds are expected to be made during the year.
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Last updated: 04 Aug 2016