State Revenue Legislation Amendment Act 2018 (NSW)

An Act to make miscellaneous amendments to certain State revenue legislation in connection with the Budget for the year 2018–19; and for other purposes.

1Name of Act

This Act is the State Revenue Legislation Amendment Act 2018.

2Commencement(1)

This Act commences on the date of assent to this Act, except as provided by subsection (2).

(2)

Schedule 2 commences or is taken to have commenced on 1 July 2018.

Schedule 1

(Repealed)

Schedule 2Amendment of Payroll Tax Act 2007 No 21

Omit paragraph (c) of the definition of TA or threshold amount in clause 1. Insert instead:

(c)

for the financial year commencing on 1 July 2013 and subsequent financial years up to and including the financial year commencing on 1 July 2017—$750,000, or

(d)

for the financial year commencing on 1 July 2018—$850,000, or

(e)

for the financial year commencing on 1 July 2019—$900,000, or

(f)

for the financial year commencing on 1 July 2020—$950,000, or

(g)

for the financial year commencing on 1 July 2021 and subsequent financial years—$1,000,000.