Fee waivers and tax assistance

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Payroll tax concessions

If your business has been impacted by COVID-19, you may be eligible for a 50% reduction in 2021–22 payroll tax liability.

Eligibility

Your business must:

  • have been eligible for a 2021 COVID-19 business grant or JobSaver payments
  • have experienced a decline in revenue of at least 30%
  • have grouped Australian wages of $10 million.

For more information, visit Revenue NSW.

Backing business incentives – accelerated depreciation

The Australian Government via the Australian Taxation Office (ATO) is accelerating depreciation deductions for eligible businesses. The time-limited program aims to support business investment and short-term growth. For more information, visit the ATO.

ATO COVID-19 helpline

If you are experiencing difficulties meeting your tax and superannuation obligations because of COVID-19, phone the ATO Emergency Support Infoline on 1800 806 218.

ASIC COVID-19 relief

If you are experiencing difficulties meeting your obligations to the Australian Securities & Investments Commission (ASIC) due to COVID-19, you have the option of discussing payment plans and applying for fee waivers. For more information, visit ASIC COVID-19 relief.