The 2018-19 South Australian State Budget, handed down on 4 September 2018, contained a number of state revenue measures.
Amendments to the Taxation Administration Act 1996 and the Stamp Duties Act 1923 to facilitate RevenueSA collecting additional data, relating to real property transfers, on behalf of the Australian Government for foreign ownership and taxation reporting purposes.
Amendments to the Payroll Tax Act 2009 to:
Legislative amendments to reduce payroll tax for small business were included in the Payroll Tax (Exemption for Small Business) Bill 2018, which was introduced into Parliament on 20 June 2018. These amendments will, from 1 January 2019, exempt businesses with annual taxable wages of up to $1.5 million from payroll tax and those with wages between $1.5 million and $1.7 million will benefit from a reduced payroll tax rate.
Amendments to the Stamp Duties Act 1923 to:
Amendments to the Land Tax Act 1936 to:
The legislative measures to implement these state revenue measures are contained in the Statutes Amendment and Repeal (Budget Measures) Bill 2018.