State-Based Stimulus Package Initiatives | Australian Capital Territory

In addition to the Nation-wide packages, states and territories have also created local business relief packages.  From payroll tax to electricity rebates, State Government initiatives for Australian Capital Territory are outlined below. (Please click on the links below for more information.)

Payroll Tax Deferral

All ACT businesses with Group Australia-wide wages of less than $10m can defer payroll tax for FY21, interest-free until 1 July 2022. Eligible businesses will be required to make normal lodgments, however, payment will be deferred

Payroll Tax Waiver

Businesses in hospitality creative arts and entertainment industries will be able to apply for a 6 month waiver of payroll tax from April to September 2020.

SME Electricity Rebate

Eligible SMEs with electricity usage below 100 megawatts are eligible for a $750 rebate on the next electricity bill.

Vocational Education and Training Support

Apprenticeships, traineeships and other VET students will receive increasing VET subsidies.

Other Business Assistance

• Waiver of license and dining fees for the hospitality business
• Business advice and support services
• Waiver of rideshare vehicle license fees for 12 months
• Credit of the annual fixed charge for eligible commercial property owners
• Additional payment of $1.5m to the existing $1.8m for ACT community clubs
• $20m committed to fast track infrastructure projects to government buildings and suburb maintenance

More information on ACT initiatives can be found here:

ACT Government: Local Business and Industry

Want to know more?

With the equity markets and Government support packages frequently changing, we are continually updating and creating new tools and information for you. To review the latest materials on COVID-19, please click here. This page will be regularly updated, so please check back in from time to time.

Below are some articles that may interest you:

• JobKeeper Payment: Relief for Employers and Employees
• Are you entitled to the Federal Government Stimulus Package
• Government Stimulus Package for Business
• Government Stimulus Package for Individuals
• Australian Tax Office Relief

Supporting you through the changes. From making the most of the stimulus initiatives, through to managing the risks associated with the impact of the Coronavirus, the Modoras team is here to help you build a resilient business. Make well-informed business decisions; contact us on 1300 888 803 book a catch up with a Modoras professional.

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