Rebate for periodic liability
27A Rebate for periodic liability
This section applies if—
wages are paid or payable during a periodic return period in an eligible year by an employer, or a DGE for a group, to a person who is an apprentice or trainee under the Further Education and Training Act 2014; and
the wages are not taxable wages under section 14(2)(j).
The employer’s, or DGE’s, periodic liability for payroll tax for each periodic return period is reduced by the amount of the rebate for the period.
In this section—
rebate, for a periodic return period, means the lesser of the following amounts—
the amount worked out using the following formula—where—
R means—
if the periodic return period is in an eligible year ending on 30 June 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026 or 2027—2; or
otherwise—4.
T means the appropriate rate of payroll tax for the periodic return period.
W means the amount of wages mentioned in subsection (1) for the periodic return period;
the employer’s, or DGE’s, periodic liability for payroll tax for the periodic return period.
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