SA’s payroll tax cut for small businesses arrested growth, prevented jobs: new research
By API User
The former South Australian Government’s 2019 reform to remove payroll tax for small businesses has produced some perverse consequences, preventing firms from growing and reducing jobs and wages, new research by the e61 Institute has found. To provide payroll tax relief to small businesses, South Australia increased the tax-free threshold from $600,000 to $1.5m, … Continued