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This is a Bill, not an Act. For current law, see the Acts databases.
New South Wales
Treasury Legislation Amendment (COVID-19)
Bill 2020
Contents
Page
1 Name of Act 2
2 Commencement 2
Schedule 1 Amendment of Acts 3
I certify that this public bill, which originated in the Legislative Assembly, has finally passed
the Legislative Council and the Legislative Assembly of New South Wales.
Clerk of the Legislative Assembly.
Legislative Assembly,
Sydney, , 2020
New South Wales
Treasury Legislation Amendment (COVID-19)
Bill 2020
Act No , 2020
An Act to amend the Long Service Leave Act 1955 and Payroll Tax Act 2007 as a result of the
COVID-19 pandemic.
I have examined this bill and find it to correspond in all respects with the bill as finally
passed by both Houses.
Assistant Speaker of the Legislative Assembly.
Treasury Legislation Amendment (COVID-19) Bill 2020 [NSW]
The Legislature of New South Wales enacts--
1 Name of Act
This Act is the Treasury Legislation Amendment (COVID-19) Act 2020.
2 Commencement
This Act commences on the date of assent to this Act.
Page 2
Treasury Legislation Amendment (COVID-19) Bill 2020 [NSW]
Schedule 1 Amendment of Acts
Schedule 1 Amendment of Acts
1.1 Long Service Leave Act 1955 No 38
Section 15A
Insert after section 15--
15A COVID-19 pandemic--special provisions
(1) This section has effect for the prescribed period and prevails to the extent of
any inconsistency with any other provision of this Act.
(2) An employer may, under section 4(3A), give a worker a period of long service
leave that is less than one month if the worker agrees to that lesser period of
leave.
(3) An employer may, under section 4(10), give a worker less than one month's
notice if the worker agrees to that lesser period of notice.
(4) In this section--
prescribed period means the period--
(a) starting on the commencement of this section, and
(b) ending on--
(i) the day that is 6 months after the commencement, or
(ii) the later day, not more than 12 months after the commencement,
prescribed by the regulations.
1.2 Payroll Tax Act 2007 No 21
[1] Section 99A
Insert after section 99--
99A Temporary reduction for businesses with annual wages of $10 million or less
(1) An employer who is liable to pay payroll tax on wages paid or payable for the
financial year commencing on 1 July 2019 is only required to pay 75% of that
payroll tax if all Australian wages paid or payable by the employer are
$10,000,000 or less.
(2) An employer who is part of a group is not eligible for the reduction referred to
in subsection (1) unless the employer provides the Chief Commissioner with
the following information--
(a) information about all other employers who are part of the group,
(b) the amount of taxable wages and interstate wages paid or payable by
each of those employers for the financial year commencing on 1 July
2019.
(3) For the avoidance of doubt, an employer does not cease to be eligible for the
reduction referred to in subsection (1) merely because the employer ceased
paying wages before the commencement of this section.
(4) In this section--
all Australian wages paid or payable by an employer means the sum of the
following--
(a) all taxable wages paid or payable by the employer,
(b) all interstate wages paid or payable by the employer,
Page 3
Treasury Legislation Amendment (COVID-19) Bill 2020 [NSW]
Schedule 1 Amendment of Acts
(c) all taxable wages and interstate wages paid or payable by all members
of the group that the employer is part of.
[2] Schedule 1 Calculation of payroll tax liability for financial year commencing 1 July
2007 and subsequent financial years
Omit paragraphs (f) and (g) from the definition of TA or threshold amount in clause 1.
Insert instead--
(f) for the financial year commencing on 1 July 2020 and subsequent
financial years--$1,000,000.
Page 4
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