
PRESSURE GROWS ON WA TAXES
Overhauling WA’s onerous payroll tax regime would pump $1.35 billion into the State’s economy and create nearly 4000 jobs, laying the platform for a new wave of investment while preventing fast-expanding companies from relocating to the east coast. That is according to independent research commissioned by the Chamber of Commerce and Industry WA, which will be used to reignite calls for the “tax on jobs” to be slashed in the next State Budget. Under the model favoured by the chamber, WA’s payroll tax threshold would be raised from its current $1 million to $1.3m, carving out more smaller businesses completely.