24/02/2021
The Victorian Government has announced more support for small businesses, including sole traders, most impacted by the recent coronavirus circuit-breaker action.
There are now more business support vouchers including New $200 vouchers for travel in regional Victoria and Melbourne, as well as a $143 million Circuit Breaker Support Package, targeted to businesses who who incurred costs such as the loss of perishable goods, cancelled gigs and foregone trading.
The new $92 million Business Costs Assistance Program will offer grants of $2,000 for eligible employing and non-employing businesses in the hospitality, food wholesaling, tourism, events and selected retail industries. Businesses with an annual payroll of up to $3 million will be eligible. You can see more specifically about this grant here:
https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/circuit-breaker-action-business-support-package/business-costs-assistance-program
There are also more grants for Licensed Hospitality Venues as well as funding for accommodation businesses impacted by cancellations.
More information on the circuit breaker package is available here: https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/circuit-breaker-action-business-support-package
As always, if there is any way we can assist, please don’t hesitate to contact our office.
The Circuit Breaker Action Business Support Package provides financial support to eligible businesses impacted by the circuit breaker action to limit the spread of COVID-19.