❓ Mr Nalder questions the WA government's lack of tax reform, specifically comparing it to NSW's stamp duty abolition, while the Treasurer defends WA's payroll tax changes and questions the feasibility of the NSW plan.
AnsweredQoN 921Legislative Assembly
QuestionView source ↗
CORONAVIRUS —
ECONOMIC RECOVERY
921. Mr
D.C. NALDER to the Treasurer:
I
note the New South Wales government's announcement to abolish stamp
duty. Why is the Western Australia Labor government not engaged in any tax or other economic reforms as part of
the COVID recovery plan to deliver growth in the WA economy and local
jobs?
ECONOMIC RECOVERY
921. Mr
D.C. NALDER to the Treasurer:
I
note the New South Wales government's announcement to abolish stamp
duty. Why is the Western Australia Labor government not engaged in any tax or other economic reforms as part of
the COVID recovery plan to deliver growth in the WA economy and local
jobs?
AnswerView source ↗
We
did. We lifted the threshold for payroll tax to the highest level. We brought
forward a legislated scheduled increase in payroll tax from 1 January
next year to 1 July this year, which has been a very good reform. It was
welcomed wholeheartedly by those who pay
payroll tax and would no longer have to pay payroll tax as a result of our
decision . I think some 17 500 businesses are lifted from the payroll tax
burden as a result of that decision. Of course, there was a significant rebate
given in respect of payroll tax as well as a range of other supports for the
business sector, which will continue.
I note that the announcement of the
New South Wales government is subject, of course, to the federal government's
support. I know from all the meetings that I have had with the commonwealth
Treasury and other treasuries that the commonwealth is certainly not interested
in providing that support.
did. We lifted the threshold for payroll tax to the highest level. We brought
forward a legislated scheduled increase in payroll tax from 1 January
next year to 1 July this year, which has been a very good reform. It was
welcomed wholeheartedly by those who pay
payroll tax and would no longer have to pay payroll tax as a result of our
decision . I think some 17 500 businesses are lifted from the payroll tax
burden as a result of that decision. Of course, there was a significant rebate
given in respect of payroll tax as well as a range of other supports for the
business sector, which will continue.
I note that the announcement of the
New South Wales government is subject, of course, to the federal government's
support. I know from all the meetings that I have had with the commonwealth
Treasury and other treasuries that the commonwealth is certainly not interested
in providing that support.
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