The Tasmanian Government, led by Will Hodgman as Premier, has announced that it is extending its existing Payroll Tax Rebate Scheme (Scheme) for apprentices and trainees to 2021. The Scheme was due to end on 30 June 2019 and the legislation to extend the Scheme is currently being drafted.
Beginning 1 July 2017, the Scheme has provided employers with a rebate on payroll tax that otherwise would be payable for eligible apprentices, trainees and youth employees. This Scheme is particularly focused on supporting youth employment in growing areas of the Tasmanian economy, including building and construction, advanced manufacturing, tourism and hospitality.
Other Australian states have similar payroll tax concessions and exemptions to support investment in apprentices and trainees, such as Victoria’s ‘Approved training scheme’ or Western Australia’s exemption under section 40(2) of Pay-roll Tax Assessment Act 2002.