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Is the 10,000 Business grants from the Victorian Government considered assessable income for taxation purposes.
I can't seem to find an answer on the website.
Generally this is something that you’d need to speak with your tax advisor about. That said if you didn’t have a tax advisor or were unsure, Id be inclined to query this with the ATO to get an official answer as to whether this grant was tax assessable or not.
I was having the same issue reading the ATO Website.
One does hope the ATO will update their website for Covid State Government Grants.