Victoria’s peak body representing the state’s independent schools has “expressed alarm” over the Andrews government’s payroll tax levy that could see private schools pay up to $7 million (US$4.5 million) in additional tax per year.
This follows Victoria’s state budget, in which Premier Daniel Andrews said private schools have had “a sweetheart taxation deal” that was unaffordable under the state’s current debt.
From July 1, 2024, high-fee private schools in Victoria will lose their payroll tax exemption, in addition to paying the mental health tax levy and having a temporary increase in the payroll tax.
Chief Executive of Independent Schools Victoria, Michelle Green, said in a statement that the news of the Andrews government’s “looming tax imposition” is a “shock” to independent schools and to parents who send their children to independent schools….