Tasmania’s Economic Response COVID19

Payroll Tax Relief

The following payroll tax relief measures have been announced.

  • Employers in the Hospitality, Tourism and Seafood industries will not be required to lodge payroll tax returns for March, April and May 2020
  • Employers with annual wages of up to $5 million annually affected by Coronavirus will not be required to lodge payroll tax for March, April and May 2020
  • One-year rebate for employers who pay payroll tax and employ new youth employees ages 24 and under.

For further details for the measures and application process go to State Revenue office of Tasmania.

Liquor licencing fees

Provide a 50 per cent discount on liquor licencing fees and waive all application fees for the calendar year 2020, back dated to 1 January 2020.

Loan

$20 million for the provision of interest-free loans to businesses in the hospitality, tourism, seafood and exports sectors.

The loans will be available to small businesses with a turnover of less than $5 million for the purpose of purchasing equipment or restructuring business operations and will be interest free for a period of up to three years.

Apprentice or trainee incentives

One-off $5,000 grant for businesses that hire an apprentice or trainee, complementing the Federal Government’s apprenticeship package.

Fisheries Fee Waiver

Annual fees and levies for the rock lobster, giant crab, fin fishers and for abalone divers, will be waived for 12 months.

Household benefit: One-off emergency relief payments

Payments of $250 for individuals and up to $1000 for families who are required to self-isolate by public health as a result of coronavirus.