12 September 2018
Victorian small businesses are paying a tax they wouldn’t have to pay if they were operating anywhere else in Australia. Victoria’s $650,000 payroll tax threshold is now the worst in the nation, after South Australia’s recent payroll tax cut.
Ahead of the Victorian State Election, the Victorian Chamber of Commerce and Industry is calling on the major parties to increase the tax-free threshold to $850,000. A bi-partisan commitment prior to the election would show that both major parties support small business.