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2002-2003 Northern Territory Budget

Key Revenue Measures

As part of the 2002-03 Northern Territory Budget, the government has announced, effective from 1 July 2002, the following payroll tax changes:

• - grossing up of fringe benefits
• - the inclusion of eligible termination payments
• - a cut to the Payroll Tax rate from 6.5% to 6.3%.

Click here for more information on these changes.

To access the Own-Source Revenue chapter of the Budget Papers. click here.

Revenue Circulars have been issued to further explain the 2002-03 Budget Revenue Measures. Click here to access them.