The WA Government has released a business and household economic response package to provide relief from the impact of COVID-19, including relief around payroll tax.
Businesses paying payroll tax, with a payroll between $1m and $4m will receive a one-off grant of $17,500.
In addition, the increase of the payroll tax threshold to $1m will be fast-tracked to 1 July 2020, six months before the originally planned date. This means smaller businesses will potentially be able to fall out of the payroll tax regime sooner than before.
Small and medium-sized businesses, who pay $7.5m or less in Australian taxable wages and have been affected by COVID-19, can apply for a deferral of their 2019/20 payroll tax payment until 21 July 2020.