Apprentice and trainee rebate for payroll tax
The Queensland Government has announced the payroll tax 50% rebate will continue after 1 July 2019.
If your apprentice and trainee wages are exempt from payroll tax, you can also claim a payroll tax rebate that reduces your payroll tax amount for the particular liability (periodic, annual or final return).
A 50% rebate is available from 1 July for these financial years:
The rebate is automatically calculated when you enter your apprentice and trainee wages and lodge a return in OSR Online.
You can work out the rebate by multiplying 50% of the apprentice and trainee wages by the applicable payroll tax rate for each return period.
The subsidy component of the Australian Government JobKeeper payment is not taxable for payroll tax.
A Brisbane-based company pays $450,000 in total Australian taxable wages. In July 2020, it pays $50,000 in exempt apprentice/trainee wages.
|Initial payroll tax periodic liability (on all taxable wages)||$10,000.00|
|Less incentive rebate ($50,000 × 50%) × 4.75%||$1,187.50|
|Payroll tax periodic liability||$8,812.50|
The rebate reduces the employer's monthly periodic liability by $1,187.50.
The maximum rebate you can claim in a return period is equal to your payroll tax amount for that liability.
All rebate records must be kept for 5 years.