Health
NSW Jobs Plus program lures medical technology companies to invest in state with promise of tax breaks – The Australian
A pair of medical technology companies have been lured to expand their operations in NSW with the promise of payroll tax relief.
A pair of medical technology companies have been lured to expand their operations in NSW with the promise of payroll tax relief.
The companies, Baxter Healthcare and SpeeDx, were announced by NSW Jobs Minister Stuart Ayres as the first to take advantage of a $250m program dubbed “Jobs Plus”, which was announced last year and offers perks for firms that create more than 30 jobs in the state.
Under the scheme, businesses will pay no payroll tax for each new job over that threshold. That means if a…
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