Wednesday, October 15, 2025

No need to pay tax on Victorian COVID-19 grant payments to businesses 

The Victorian Government’s COVID-19 business grant program payments have been declared non-assessable, non-exempt (NANE) income, and therefore are tax-free.

Those who haven’t yet filed their tax returns for the 2021–22 financial year can rest assured that payments they received from the Victorian Government COVID19 grant programs are not taxable.

The Australian Government has updated legislation to include several automatic payments under Victorian COVID19 support programs made during the lockdown period in 2021.

Businesses do not have to pay tax on payments or income defined as NANE, and they do not have to report it on their tax returns.

Payments categorised as NANE

The complete list of payments categorised as NANE is below. You can find the legislation on the Federal Register of Legislation.

  • Alpine Business Fund
  • Alpine Resorts Support Program (Streams 1, 2 and 3)
  • Business Continuity Fund
  • Business Costs Assistance Program Round Two
  • Business Costs Assistance Program Round Two – July Extension
  • Business Costs Assistance Program – Top Up
  • Business Costs Assistance Program Round Three
  • Business Costs Assistance Program Round Four
  • Business Costs Assistance Program Round Five
  • Business Support Fund 3
  • Commercial Landlord Hardship Fund 3
  • Impacted Public Events Support Program
  • Impacted Public Events Support Program Round Two 
  • Independent Cinema Support Program
  • Licensed Hospitality Venue Fund
  • Licensed Hospitality Venue Fund 2021
  • Licensed Hospitality Venue Fund 2021 – July Extension
  • Licensed Hospitality Venue Fund 2021 – Top Up Payments
  • Live Performance Support Program
  • Live Performance Support Program Round 2 (both Presenters and Suppliers streams) 
  • Melbourne City Recovery Fund – Small business reactivation grants
  • Outdoor Eating and Entertainment Package
  • Small Business COVID Hardship Fund
  • Sole Trader Support Fund
  • Sustainable Event Business Program

READ MORE

Hot this week

Pathways to Starting a Teaching Career in Australia

There are some careers that people frequently refer to...

Philippine Alumni Extravaganza to Feature Sports and Social Events in October

A series of gatherings for Filipino university alumni in...

Small businesses and environmental responsibility: where to start

Sustainability is no longer a buzzword — it’s a...

PAL Sydney–Manila flights turn 60, celebrating decades of friendship

Sydney, 13 October 2025 — Sixty years ago, a...

Victoria launches 10-year framework to support mental health in diverse communities

The Victorian Government has launched a 10-year plan to...

Topics

Pathways to Starting a Teaching Career in Australia

There are some careers that people frequently refer to...

Philippine Alumni Extravaganza to Feature Sports and Social Events in October

A series of gatherings for Filipino university alumni in...

Small businesses and environmental responsibility: where to start

Sustainability is no longer a buzzword — it’s a...

Top 5 Outsourced Mortgage Loan Processing Companies in Australia

In today’s competitive lending environment, many mortgage brokers and...

Tagay with first-ever Pinoy Octoberfest in Melbourne!

Prepare for a groundbreaking celebration as the globally-renowned Oktoberfest...

Top-Rated Contractors for Large-Scale Electrical Projects in Brisbane

Large-scale electrical projects in Brisbane demand skill, accuracy, and...

Related Articles

Popular Categories

spot_img