Published on : Tuesday, January 28, 2014
On the 1st January 2012 the Government introduced a payroll tax rebate scheme for employers who hire a new employee with disability.
The rebate applies to businesses that have an existing payroll tax liability and hire a new employee who has completed the Transition to Work Program.
The Transition to Work Program supports school leavers with disability to develop skills and qualifications needed for the transition to sustainable employment.
The Disability employment rebate scheme is designed to encourage the employment of people with disabilities and provides a payment of a $4,000 rebate to employers of eligible workers which will be paid in two equal instalments: $2000 after three months of employment; and another $2000 after six months of employment.
The Government has committed $10 million to the rebate scheme over five years (until 30 June 2016).
Tags: Government, Rebate Scheme, tax liability, Transition to Work Program