Is NSW Northern Beaches small business hardship grant Taxable?
866 views
866 views1 replies
1 replies
866 views
1 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
Hi @Vista_acc,
It looks like the NSW Northern Beaches small business hardship grant would be taxable. Most of the government grants/payments to assist a business are included in assessable income. Here's some information on payments to support business, which lists the payments that are not taxable. Unfortunately that particular grant isn't included.
All replies
Hi @Vista_acc,
It looks like the NSW Northern Beaches small business hardship grant would be taxable. Most of the government grants/payments to assist a business are included in assessable income. Here's some information on payments to support business, which lists the payments that are not taxable. Unfortunately that particular grant isn't included.