TRO has updated the Employers' Guide to Payroll Tax in the Northern Territory to incorporate the measures included in the 2008/09 Budget.

The Capital Recognition Deduction factors calculated pursuant to section 4C(6) of the Mineral Royalty Act for the period January to June 2008 have been approved by the Secretary. An updated schedule is available in Forms/Publications. To view the approved instrument click here.

Details of the Revenue Measures are included in the following Revenue Circulars:

• RC-GEN-008 – 2008-09 Budget Amendments; and
• RC-PRT-001 – 2008-09 Budget Amendments – Payroll Tax Changes.

To view a copy of the amending Acts and accompanying Explanatory Statements, click on the relevant amending Act below:

• Revenue Law Reform (Budget Initiatives) Bill 2008
• Pay-roll Tax Amendment (Harmonisation) Bill 2008

Information sessions on key revenue measures in the 2008-09 Budget were held in Darwin on 28 May 2008 and in Alice Springs on 3 June 2008. To view the PowerPoint presentation from these sessions, click here.

To view the complete 2008-09 Northern Territory Budget and related papers, click here.

From Monday 4 February 2008 the front counter opening hours have changed, and there are also new requirements when seeking an urgent assessment. For full details of the new arrangements, please refer to Revenue Circular RC-GEN-007.