Tax relief lifeline for pubs and clubs
CORONAVIRUS
Pubs and cubs struggling with the effects of coronavirus will get a helping hand after the Queensland Government announced extra tax reliefs worth $50 million.
Attorney-General and Minister for Justice Yvette D’Ath said from this month, the State’s 1,100 pubs and clubs would get a three-month deferral on gaming machine taxes.
“Queensland pubs and clubs need our help to get through the coronavirus crisis,” Mrs D’Ath said.
“They’re the heart and soul of communities throughout the State and we’re determined to help them through these challenging times.
“From April through to June, we’re delivering a three-month gaming tax deferral for pubs and clubs.
“These tax deferrals are worth around $50 million in yet another important financial lifeline we’re delivering to the sector,” she said.
In addition to this, around 50 licensees who have already paid their gaming machine taxes for March will have a total of $1.4 million returned to them.
“These measures come on top of the $22.7 million the government has already waived in liquor licensing renewal fees for 2020/21.”
Mrs D’Ath said the latest taxation relief for pubs and clubs were part of the broader package to help support business and economic activity, including:
- payroll tax deferrals and refunds;
- low interest loans; and
- energy rebates.
“Going to your local pub or club isn’t an option right now, but when this crisis is over we want these community hubs to be there for Queenslanders,” she said.
The Commissioner for Liquor and Gaming will also examine options to allow for flexibility in how the gaming machine tax is to the repaid, including instalment plans.
Newsport Community Service Support:
Business support line:
business.gov.au | 13 28 46
Small or medium business with reduced cash flow?
Here’s what we’re doing to boost your cash flow.
Is your business financially distressed?
This is what we’re doing to support you.
Assisting the economic recovery
Here’s how we’ll support you to grow.
Employ an apprentice or trainee?
This support is for you.
Are you a sole trader that has lost business?
This is what we’re doing to support you and your business.
Household finances hit by reduced work?
Here’s what we’re doing to help support your family budget.
Letters to the Editor. Do you have an opinion or point of view you'd like to share on one of our stories or a community issue? Please submit here.
* Readers are encouraged to use their full details to ensure letter legitimacy. Letters are the opinions of readers and do not represent the views of Newsport or its staff. Letters containing unlawful, obscene, defamatory or abusive material will not be published.
Got a great news tip or video? We'd love to see it. Send news tips to editor@newsport.com.au
* Comments are the opinions of readers and do not represent the views of Newsport or its staff.
Reader comments on this site are moderated before publication to promote valuable, civil, and healthy community debate. Our moderation takes into consideration these guidelines and rules before comments are approved for publication.
