A Hodgman Govt To Extend Payroll Tax Rebate On New Jobs

A Hodgman Govt To Extend Payroll Tax Rebate On New Jobs

Tasmania Opposition Leader Will Hodgman

Tasmania Shadow Treasurer Peter Gutwein

Liberal Tax Cut Plan To Create 600 New Jobs

Victor P Taffa

The most critical issue facing Tasmania is our unacceptably high unemployment rate, and the urgent need to help the private sector create jobs, Opposition Leader Will Hodgman said.

“Creating jobs will be the number one priority of a majority Liberal Government, which is why we have set a target of reducing Tasmania’s unemployment rate to at least the national average, within our first term.”

“We have already announced a number of policies to help achieve this, including restoring an international shipping service, a single state-wide planning scheme, and an additional $16 Million investment in tourism marketing.” Mr. Hodgman said.

“Today, we are announcing another part of our long-term job Plan for Tasmania. To encourage medium and large businesses to expand and employ additional people, a majority Liberal Government will extend the existing Payroll Tax Rebate for new jobs, for an additional year.”

Tasmania’s payroll tax rate is the highest of all the states and territories, and is hindering the creation of new jobs.

“Under the Liberals, employers will receive a payroll tax rebate for additional positions created within their business from 1 July 2014 to 30 June 2015.” Mr. Hodgman said.

“To be eligible, the new positions will need to be continuously maintained until at least 30 June 2016, with employers able to claim the Payroll Tax Rebate for that period.”

“Based on previous similar schemes, it is estimated that this initiative will support the creation of up to 600 desperately needed new jobs.”

“This scheme will be capped at $4.0 Million, and will be funded out of the nearly $500 Million in savings we have already identified.” Mr. Hodgman said.

TAS Shadow Treasurer Peter Gutwein

TAS Shadow Treasurer Peter Gutwein