❓ Mr Nalder questions the Treasurer on the lack of long-term tax relief for small businesses in light of the COVID-19 crisis, despite pre-existing threshold announcements. The Treasurer defends the government's actions, citing accelerated payroll tax threshold lifts.
AnsweredQoN 922Legislative Assembly
QuestionView source ↗
CORONAVIRUS —
ECONOMIC RECOVERY
922. Mr
D.C. NALDER to the Treasurer:
I have a supplementary question.
Those thresholds were announced prior to COVID. Why is his government not
providing long-term tax relief for small businesses to deliver a stronger
economic recovery from the COVID crisis?
ECONOMIC RECOVERY
922. Mr
D.C. NALDER to the Treasurer:
I have a supplementary question.
Those thresholds were announced prior to COVID. Why is his government not
providing long-term tax relief for small businesses to deliver a stronger
economic recovery from the COVID crisis?
AnswerView source ↗
As
I just said, we have legislated a payroll tax threshold lift from 1 January
next year as a result of COVID. I emphasise, again, for the shadow
Treasurer's ears, as a result of COVID, we brought that forward to 1 July
this year. Again, I want to say 14 000 to 17 000 businesses benefited from
that, which is why they thanked me and continue to thank me for that decision
made by this government.
I just said, we have legislated a payroll tax threshold lift from 1 January
next year as a result of COVID. I emphasise, again, for the shadow
Treasurer's ears, as a result of COVID, we brought that forward to 1 July
this year. Again, I want to say 14 000 to 17 000 businesses benefited from
that, which is why they thanked me and continue to thank me for that decision
made by this government.
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