Tax relief measures for eligible Victorian businesses impacted by COVID-19

Tax relief support is available for Victorian businesses impacted by COVID-19.

Overview

As part of the Victorian government's COVID-19 economic survival package the following tax relief measures are available to eligible businesses:

Payroll tax waived

• Businesses with annual taxable wages up to $3 million will have their payroll tax waived for the 2019-20 financial year.
• Eligible businesses must continue to lodge returns but do not need to make further payments for this financial year.
• The State Revenue Office will directly contact eligible businesses in relation to reimbursement for payroll tax already paid in the financial year.
• Businesses can defer paying payroll tax for the first quarter of the 2020-21 financial year.
• Information about the administration of these relief measures will be sent directly to eligible businesses.
• Any additional payments made to bridge the gap between an employee's wage and the $1500 a fortnight required for the JobKeeper program are now exempt from payroll tax.

Liquor licence fees waived

• Reimbursement of 2020 renewable liquor licence fees that have already been paid.
• A waiver of any outstanding 2020 renewable liquor licence fees.

Land tax deferral

• Land owners due to pay 2020 land tax that have at least one non-residential property and total taxable landholdings below $1 million have the option of deferring their 2020 land tax payment until after 31 December 2020.
• The State Revenue Office will contact all taxpayers who are eligible for this deferral.

You can find out more about these measures at Tax relief for eligible businesses.