VIC GOVERNMENT NEW $534 MILLION BUSINESS SUPPORT PACKAGE

The Victorian Government has launched a new $534 million Business Support Package, providing more support to help businesses and workers through to the other side of the coronavirus pandemic.

Businesses will also benefit from an extended and expanded payroll tax deferral. Eligible businesses with payrolls up to $10 million can defer their liabilities for the first half of the 2020/21 financial year.