Introduced by: Bill Yan (CLP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The payroll tax rate is 5.5%.
The rate jumps to 6.5% for employers or groups with taxable wages of $100 million or more.
First home owner grant residence requirements are extended to 2027.
The timeframe for grant amounts is extended to 2027.