Provides a three-year
payroll tax exemption for wages paid by a business to its employees in regional
Tasmania, where an interstate business relocates to Tasmania and establishes
its operations in a regional area between 1 July 2018 and 30 June
The rate of payroll
tax paid by employers for wages between $1.25 million and $2.0 million will be
reduced to 4 per cent, effective from 1 July 2018.