Queensland businesses will, from 2002, be required to include fringe benefits and termination payments in the calculation of their payrolls, a move that is likely to widen the State's payroll tax net.
The move, unveiled in today's State Budget, takes some of the gloss of the decision to cut the payroll tax rate to 4.8% from July this year, and 4.75% in July next year.
For the detail of the changes, go to
bizreview.