Tax relief lifeline for pubs and clubs
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.
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