The Victorian State Revenue Office (SRO), on Tuesday 30.9.2014, issued Payroll Tax Bulletin PTX 1/14 (Security Industry – Employers of Holders of Private Security Individual Operator Licences – Opportunity for Voluntary Disclosure). The SRO says the Commissioner of State Revenue (Vic) is aware that some security firms hire holders of a Private Security Individual Operator Licence and incorrectly claim the payments to them as exempt under the contractor provisions of the Payroll Tax Act 2007 (Vic). The Bulletin offers employers reduced penalty rates for voluntary disclosure that is made before the close of business on 30 November 2014

[LTN 189, 30/9/14]