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Change in NSW Payroll Tax

NSW Payroll Tax Reforms Budget 2013 SDP Solutions

 

SDP welcome the recent NSW Budget measures, the announcement for payroll tax reforms to boost jobs and will aim to kick-start business with payroll tax relief.

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South Australia State Budget 2013: Payroll tax relief for small business (Source: adapted from www.adelaidenow.au)

 

payroll tax, SDP Solutions, Contractor management company offering tax advice

 

The recent announced plans for this year’s State Budget see that businesses will be rewarded with payroll tax concessions, more money for training and a suite of more modest support measures.

 

Basically the Government will cut payroll tax in half for businesses with a payroll of up to $1 million, in a temporary measure for two years which will provide a maximum saving of up to $9800.

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Latest Updates on Proposed Changes to 457 Visa

Latest Updates on Proposed Changes to 457 Visa

Latest Updates on Proposed Changes to 457 Visa

 

July is soon approaching and with that we will see the reforms to the 457 visa scheme come into effect.  Latest updates announced by the Government on the controversial 457 visa scheme include;

 

  • Increase of visa application charge; $900 instead of the current $455
  • Employers will need to make every effort to employ Australians before resorting to foreign workers
  • Exemption threshold is being raised to $250,000

With the election taking place this year, there has been a lot of political play onto the proposed changes to the 457 visa.  Political leaders are communicating the tightening on 457 visas is to protect “Australian jobs for Australian citizens and residents”.

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