sec.10ADiscount for regional employers

### sec.10A Discount for regional employers This section applies to the return periods occurring in the financial years ending 30 June 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Subject to subsection (4) , for each return period, a regional employer is entitled to a discount of 1% on the rate of payroll tax imposed on taxable wages under section 10 . An employer is a regional employer for a return period if, during that period, the employer— has a principal place of employment in regional Queensland; and pays at least 85% of taxable wages to regional employees. A regional employer is not entitled to a discount under subsection (2) for a return period ending after 30 June 2024 if the total amount of taxable wages paid or payable by the employer during that return period is more than the wage threshold. In this section— principal place of employment , of an employer, means— if the employer has an ABN—the place at which the employer’s registered business address is located; or otherwise—the place at which the employer’s principal place of business is located. regional employee means an employee whose principal place of residence is located in regional Queensland. regional Queensland means the following areas of the State as identified under statistical area level 4 in the document Australian Statistical Geography Standard, published by the Australian Bureau of Statistics— Cairns; Central Queensland; Darling Downs Maranoa; Mackay - Isaac - Whitsunday; Queensland - Outback; Townsville; Wide Bay. wage threshold means— for an annual return period—$350,000,000; or for a periodic return period that is a month—$29,166,666; or for any other period—the amount worked out using the following formula— where— AA means $350,000,000. FYD means the number of days in the financial year in which the period occurs. PD means the number of days in the period. WT means the wage threshold. s 10A ins 2019 No. 20 s 33 amd 2023 No. 18 s 23 ; 2024 No. 35 s 19 (sec.10A-ssec.1) This section applies to the return periods occurring in the financial years ending 30 June 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029 and 2030. (sec.10A-ssec.2) Subject to subsection (4) , for each return period, a regional employer is entitled to a discount of 1% on the rate of payroll tax imposed on taxable wages under section 10 . (sec.10A-ssec.3) An employer is a regional employer for a return period if, during that period, the employer— has a principal place of employment in regional Queensland; and pays at least 85% of taxable wages to regional employees. (sec.10A-ssec.4) A regional employer is not entitled to a discount under subsection (2) for a return period ending after 30 June 2024 if the total amount of taxable wages paid or payable by the employer during that return period is more than the wage threshold. (sec.10A-ssec.5) In this section— principal place of employment , of an employer, means— if the employer has an ABN—the place at which the employer’s registered business address is located; or otherwise—the place at which the employer’s principal place of business is located. regional employee means an employee whose principal place of residence is located in regional Queensland. regional Queensland means the following areas of the State as identified under statistical area level 4 in the document Australian Statistical Geography Standard, published by the Australian Bureau of Statistics— Cairns; Central Queensland; Darling Downs Maranoa; Mackay - Isaac - Whitsunday; Queensland - Outback; Townsville; Wide Bay. wage threshold means— for an annual return period—$350,000,000; or for a periodic return period that is a month—$29,166,666; or for any other period—the amount worked out using the following formula— where— AA means $350,000,000. FYD means the number of days in the financial year in which the period occurs. PD means the number of days in the period. WT means the wage threshold. - (a) has a principal place of employment in regional Queensland; and - (b) pays at least 85% of taxable wages to regional employees. - (a) if the employer has an ABN—the place at which the employer’s registered business address is located; or - (b) otherwise—the place at which the employer’s principal place of business is located. - (a) Cairns; - (b) Central Queensland; - (c) Darling Downs Maranoa; - (d) Mackay - Isaac - Whitsunday; - (e) Queensland - Outback; - (f) Townsville; - (g) Wide Bay. - (a) for an annual return period—$350,000,000; or - (b) for a periodic return period that is a month—$29,166,666; or - (c) for any other period—the amount worked out using the following formula— where— AA means $350,000,000. FYD means the number of days in the financial year in which the period occurs. PD means the number of days in the period. WT means the wage threshold.