Vic govt support measures deemed NANE

January 14, 2021
The Income Tax Assessment (Eligible State and Territory COVID-19 Economic Recovery Grant Programs) Declaration 2020 makes the following Victorian Government COVID-19 business grants non-assessable non-exempt income:
  • Alpine Business Fund
  • Business Support Fund 3
  • Licensed Hospitality Venue Fund
  • Melbourne City Recovery Fund – Small business reactivation grants
  • Outdoor Eating and Entertainment Package and
  • Sole Trader Support Fund