Tag: support payments

Vector Of A Business Man Being Rescued With Life Buoy During Coronavirus Economic Crisis
Community Support, Small Business

Victorian Government business boost announced for the extended lockdown

While Victoria is expected to remain in lockdown until the start of October, the Victorian Government will be rolling out additional financial support for the state’s small and medium businesses as they continue to grapple with the sustained impacts of lockdown restrictions.

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Small Business, Tax

COVID-19 Government Grants and Payments to be Tax-Free Under Law Change

The COVID-19 support payments received by individuals and businesses are set to be regarded as non-assessable non-exempt income after the introduction of a new legislation into Parliament.

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