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$40,000 saved in Payroll Tax

Simon Alford


What did we do?

Moore Stephens New South Wales was able to promptly prepare and lodge a payroll tax rebate registration application that resulted in a significant cash windfall for their client.

The challenge

The payroll tax rebate was introduced in 2011 as part of the New South Wales Government’s jobs action plan. This plan was implemented to encourage the hiring of new workers in the state. Under the scheme, employers were able to claim rebates of up to $5,000 for each new employee hired. These claims however, were required to be lodged within a limited timeframe.

Last year, the NSW Office of State Revenue offered a one-off opportunity for employers to lodge overdue claims. Employers had until the 23rd of November 2015 to register all eligible employees.

The director of a company (not a client of Moore Stephens New South Wales) with a large casual workforce approached Moore Stephens New South Wales just days before the deadline seeking the expertise required to prepare and lodge payroll tax rebate registrations.

Our approach

Due to the strict lodgement deadline imposed, the team at Moore Stephens New South Wales ensured that key personnel were made readily available to collate and analyse data provided by the client. All work undertaken was administered by the Moore Stephens New South Wales’ tax team who had developed systems specifically designed to calculate rebate claims.

The results

The Office of State Revenue approved over $40,000 of payroll tax rebates for the client with the potential of additional rebates in the future.

Moore Stephens New South Wales has also been able to claim over $500,000 in payroll tax rebates for other eligible clients last year. Contact Simon Alford and his team on +61 2 8745 3433 and grow the possibility.