Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
AMBERWANG(Enthusiast)Enthusiast
24 Mar 2021

I am wondering are the business support funds from VIC governemnt assessable or not? The business received three round VIC support funds during COVID-19. Are they all assessable income and taxed? How about the council support? I am really confused. Hope someone can help.

799 views
2 replies
799 views
2 replies

Most helpful response

Most helpful reply

_SM2304(Devotee)Devotee
24 Mar 2021

The first 2 rounds are assessable income & round 3. is non assessable, non exempt income(NANE)

All replies

Loading
Is VIC government support fund assessable income | ATO Community