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Business Costs Assistance Program
The Victorian Government has launched the Circuit Breaker Business Support Package to assist small to medium businesses and sole traders, under the circuit breaker restrictions announced on 27 May 2021.
The program provides a one-off payment of $2,500 or $5,000 for eligible employing and non-employing businesses in sectors directly impacted by the circuit breaker restrictions.
Eligibility criteria for funding is limited to businesses entities that were:
- Registered for GST as at 27th May;
- Operating in an industry that cannot operate under the circuit breaker restrictions: and
- Which cannot work remotely.
A summary of eligible business categories are listed below:
- Non-essential retail
- Hospitality
- Tourism
- Events and related services
- Services and education
- Health care and social assistance
A full list of eligible business industry codes are available on the Business Victoria website, and guidelines fact sheet available here.
Applications are now open and will remain open until 24th June 2021 so we recommend you check your eligibility as soon as possible.
Should you have any questions regarding application or eligibility please do not hesitate to contact us.
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