[no bill text published] NT Higher Payroll Tax Thresholds and Wage Exemptions for Apprentices and Trainees

Payroll Tax Amendment Bill 2024

11 Feb 2025: Passed by Parliament and signed off by the governor.

This bill kicks in: TBA

Introduced by: Bill Yan (CLP)

Links to official parliament websites

Official page: progress through parliament

Official page: bill text and explanatory notes

Effects of this bill

If this bill passes, it means that:

The payroll tax threshold for designated group employers rises from $1.5 million to $2.5 million
The formula for calculating annual deductions changes the value from 4 to 2
The Commissioner now calculates certain Territory determinations based on the current threshold divided by 12; this replaces the fixed $125,000 amount
Wages for apprentices and trainees are now exempt from payroll tax
Trainee wages are not exempt if the employer hired them for 3 months full-time or 12 months part-time before the traineeship started
These changes apply to wages paid or payable on or after 1 July 2025

Topics

apprentices and trainees employer obligations exempt wages payroll tax tax administration tax thresholds