The Payroll Tax Rebate Scheme (Jobs Action Plan) Regulation 2015 (NSW) was published on 23 January 2015.
Under the Payroll Tax Rebate Scheme (Jobs Action Plan) Act 2011 (NSW), certain employers may be eligible for a rebate amount of $3,000 instead of $2,000 in relation to the first year of employment of a “fresh start employee” whose employment with a “designated employer” was terminated because of a “prescribed redundancy”.
The Regulation prescribes for the purposes of the Payroll Tax Rebate Scheme (Jobs Action Plan) Act the kind of redundancy that is a “prescribed redundancy” in relation to which an employee may be a “fresh start employee”, and the matters to which the Minister must have regard in designating an employer as a “designated employer”.
It also extends the scheme closure date to 30 June 2017 for former employees for the Electrolux factory at Orange.
The Regulation commenced on 23 January 2015.
[LTN 16, 27/1/15]