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Remitting penalties and interest charged on some assessments

In addition to the tax relief measures announced by the Victorian Government in response to the coronavirus (COVID-19) pandemic, the State Revenue Office is assisting taxpayers impacted by the pandemic by remitting penalties and interest charged on some assessments.

Late payment interest waiver ends on 31 December 2021

Due to the coronavirus pandemic, the Commissioner of State Revenue announced that late payment interest would not be applied on outstanding taxation debts until 30 September 2021. This waiver period has been extended to 31 December 2021.

From 1 January 2022, any outstanding taxation debts that have not been paid will once again be subject to late payment interest calculated from the date of the tax default. To avoid paying late payment interest, please refer to our payment options

When penalties and interest will be remitted

Date of default Date of assessment
(listed on your assessment notice)
Measures What you need to do
16 March 2020 to the end of the State of Emergency and the State of Disaster

16 March 2020 to the end of the State of Emergency and the State of Disaster or, for 2020 land tax assessments, 17 January 2020 to the end of the State of Emergency and the State of Disaster.

Full remission of penalty, market interest and premium interest.

This measure doesn’t apply to penalties imposed for intentional disregard or hindrance.
If you are eligible, we will contact you directly. You do not need to do anything at this stage.

1 January 2020 to 15 March 2020

1 January 2020 to the end of the State of Emergency and the State of Disaster. Full remission of penalty.

This measure doesn’t apply to penalties imposed for intentional disregard or hindrance.

This measure doesn’t provide for the remission of interest for defaults occurring between 1 January 2020 and 15 March 2020.
To have your penalty remitted, you must lodge an objection.

Am I eligible for remission of penalty or interest due to coronavirus?

Our guidelines for exercising discretionary powers during the coronavirus pandemic provide further detail on these measures.

Last modified: 21 September 2021

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