Backing businesses
The Territory Government is making the Territory the best place in Australia to do business.
From 1 July 2025, businesses with wage bills between $2.5 million and $7.5 million will see their payroll tax bill decrease, saving eligible businesses up to $68,750 per year. It means the Territory has the highest payroll tax-free threshold in Australia.
The Territory Government has also introduced a payroll tax exemption for wages paid to 3,700 trainees and apprentices, saving businesses thousands of dollars more while encouraging them to invest in growing Territory talent by offering more apprenticeship and trainee positions.
Further, the Territory Government is making it simpler for charities and not-for-profit organisations to claim exemptions from payroll tax and stamp duty, reducing red tape and making it easier to do business in the Territory.
