Payroll Tax Incentive Scheme
The Payroll Tax Incentive Scheme (PTIS) is a key element of the NSW Government's approach to assisting new and existing businesses to establish and grow in locations where unemployment is above the state average.
The scheme commenced on 1 July 2006. It provides a payroll tax rebate at the end of each financial year over a five year period, for businesses wanting to invest in areas of NSW with higher than the State average unemployment. The rebates offered are up to $144,000 a year for the first three years, decreasing to a maximum of $95,904 in year four and $47,952 in year five.
The scheme is available to employers who have not paid payroll tax in NSW prior to the financial year in which an application is made.
The payroll tax incentive will be directed to businesses seeking to relocate or expand in the following locations or regional areas:
2007-2008
- Richmond-Tweed
- Mid-North Coast
- Hunter
- Central Coast
- Central Western Sydney
- Fairfield/Liverpool
- Outer South Western Sydney
- Canterbury Bankstown
- Illawarra
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2008-2009
- Richmond-Tweed
- Mid-North Coast
- Hunter
- Central Coast
- Central Western Sydney
- Fairfield/Liverpool
- Outer South Western Sydney
- Canterbury Bankstown
- Illawarra
- Northern
- North West
- Central West
- Far West
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Eligible locations for the scheme are reviewed each year. Companies requiring entry into the scheme during a particular year should review the eligible locations for that year, prior to completing an application form.
Employers must pay payroll tax to the Office of State Revenue as per their requirements throughout the financial year.
The PTIS brochure and application and claims forms are available below for download.