PAYE intermediaries provide payroll services to employers. If you provide a PAYE intermediary with gross payment and other relevant information they are responsible for meeting your employer responsibilities.
The payroll subsidy
We will pay your PAYE intermediary $2 per payday per employee, if:
- they are a listed PAYE intermediary
- you pay less than $500,000 in PAYE and ESCT each year
- your previous year’s PAYE and ESCT deductions were less than $50,000.
The payroll subsidy is available for up to 5 employees from 1 April 2019 to 31 March 2020. It ends from 1 April 2020.
Listed PAYE intermediaries
Only some payroll providers are registered as listed PAYE intermediaries. These include:
- payroll providers
- other tax professionals.