Duration and value of the rebate
The scheme is available to new applicants for a period of three years from 1 July 2006 to 30 June 2009. Rebates will continue to be paid to employers already registered for the scheme after it is closed to new applicants.
The rebate applies for five consecutive years after acceptance to the scheme at the rates shown below.
The rebate is calculated as a percentage of the actual payroll tax paid by the employer or group for employees who perform their duties wholly or predominantly in eligible locations, subject to limits set out in the table below.
| Year | % rebate | Maximum rebate |
|---|---|---|
Year 1 | 100% | $144,000 |
Year 2 | 100% | $144,000 |
Year 3 | 100% | $144,000 |
Year 4 | 66.6% | $95,904 |
Year 5 | 33.3% | $47,952 |
The value of the rebate does not include any penalties, interest or refunds applied by OSR.
The rebate amount for employers who form part of a group will be proportioned according to the employer’s proportion of the payroll tax paid by the group
