‘This tax will break them’: The private schools about to be slugged with huge bills
VICTORIA, AUSTRALIA, JUN 26 – Three more Melbourne private schools will face new payroll tax bills totaling over $3.5 million, joining 58 others affected as thresholds remain unlinked to inflation until 2029.
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4 Articles
Alphington Grammar among schools to be hit by Victoria's controversial payroll tax
Alphington Grammar will be among the next group of Melbourne private schools forced to pay the state government’s controversial payroll tax, with a new annual bill of $966,000 from the upcoming financial year. The independent school, established by the Greek Community of Melbourne, will pay more in payroll tax than it receives in government education funding. Principal Vivianne Nikou said the charge unfairly targets working-class, multicultural …
What you need to know about the upcoming payroll tax changes in VIC, NT
Victoria and the Northern Territory are set to make some changes to their payroll tax regulations starting next month. Here are some of the adjustments you need to know: From July 1, Victoria’s payroll tax-free threshold will increase from $900,000 to $1 million for annual returns, and from $75,000 to $83,333 for monthly returns. There will be a phasing of the threshold for every dollar of wages above $3 million, and businesses with Australian w…
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