VIC Payroll Tax Incentives - COVID Response

Discussion in 'Accounting & Tax' started by Mike A, 21st Mar, 2020.

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  1. Mike A

    Mike A Well-Known Member

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    If you are a Victorian business who has paid payroll tax are you aware of one of the recent incentives. Build this into your cashflow forecast

    Small and medium-sized businesses with annual payrolls of less than $3 million are entitled to a refund of all the payroll tax they have paid for the first three-quarters of the current financial year and will get a waiver on their bills from the State Revenue Office for the June quarter.
     
    Mike A, 21st Mar, 2020
    #1
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  2. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Paul@PAS, 21st Mar, 2020
    #2