Victoria’s highest fee-paying private schools, which gain more than $15,000 of income per student, will be subject to new payroll tax provisions from next year.
Victoria’s highest fee-paying private schools – which include Geelong Grammar, Haileybury and Scotch College – that gain more than $15,000 of income per student will be subject to new payroll tax provisions from next year.
The state government provides around $1 billion in funding for operating expenses to non-government schools each year, which has grown by 8 per cent in real terms since 2014-15.The measure was originally set to affect 20 Catholic schools and 90 independent schools. The Malvern school had projected it would have needed to find $850,000 to cover the tax if it wasn’t exempt, and would have to have been “creative” with how the school responded.May 23: The government announces that about 110 of the state’s highest-fee private schools will lose their long-held exemption to payroll tax next year, netting the state more than $420 million in revenue over three years.
June 7: The Catholic Education Commission of Victoria urges families and principals to seek meetings with their local Labor MPs and forward letters of protest over the tax plans. The government indicates it could lift the threshold to as high as $13,000.
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