Why was the small business owner registration rebate introduced?
The small business owner rebate has been introduced by the NSW Government as a new incentive to employ apprentices.
How much is the rebate?
First year rebate is the cost of the registration, which includes registration fee and motor vehicle tax. It does not cover CTP insurance and stamp duty.
Second and third year rebate is the cost of the registration fee only if the same apprentice is still employed.
Who will be eligible for the rebate?
The rebate is available to small business owners who do not incur payroll tax (that is a monthly payroll under $50,000 or an annual payroll under $600,000).
How many vehicles can I claim?
Employers may apply for the rebate for one vehicle for each new apprentice commenced between 1 July 2007 and 30 June 2008.
What name does the vehicle have to be registered in to claim the rebate?
The employer can nominate any vehicle used in the conduct of business.
When can I claim the rebate?
You can claim the rebate from 1 July 2007 if you commence a new apprentice between 1 July 2007 and 30 June 2008. You must pay your registration in the normal way. You may then claim a refund on new and renewal registration from 1 July 2007.
Where can I get an application form?
The application form is available to view or download from the box at the bottom of this page.
Are there any restrictions on the vehicle for which a claim may be made?
Yes, to be eligible for the rebate the vehicle must be:
- Registered in NSW.
- For vehicles under 4.5 tonne gross vehicle mass (GVM).
- Be registered for general private or general business use.
- The vehicle must be used in the conduct of the business engaging the apprentice, and nominated by the principal of that business.
Can I claim a rebate on a vehicle I purchased and transferred to my name?
If you did not renew or pay the registration you cannot claim the rebate. You will be able to claim the rebate when your registration is renewed. You must pay the registration in the normal way and then claim the rebate.
How will the rebate be paid?
The rebate will be paid by electronic funds transfer into a deposit account at a bank, credit union or building society nominated on the application form. Payments may be made into accounts held in joint names. Remittance advice will be sent to the applicant.
What checks are made with the apprentice status?
The NSW Department of Education and Training (DET) will verify eligibility for the nominated apprentice. If the DET is unable to verify the eligibility you will receive written advice that your application cannot be processed. Exemption from payroll tax may be checked with the NSW Office of State Revenue.