Additional Support Announced for Victorian Businesses

New Business Cost Assistance Program Round 3 – No action is required if you have already been receiving these payments

The Victorian Government will provide new cash grants for businesses affected by this latest August Lockdown.

If you were eligible and have applied for the Business Cost Assistance Program Grant in May-June 2021 or for the July Extension of this Grant, you will receive an additional payment of $2,800 automatically – NO FURTHER ACTION IS REQUIRED TO RECEIVE THIS PAYMENT

What if I haven’t applied for the Business Cost Assistance Program yet?

If you have not yet applied for this Business Cost Assistance program but your business is eligible you can do so now to receive both the July extension payment of $4,800 plus the above $2,800.  Applications close on Friday the 13th of August.

The list of eligible businesses can be found here: Eligible businesses list.

How To Apply for the Business Cost Assistance Program:

  1. Easy Way – Let Suntax apply for the Business Cost Assistance Program on your behalf by clickinghere. The cost to prepare this application is $220 including GST, which is fully refundable if your grant application is not successful.

OR

  1. Complete the application form yourself via Business Cost Assistance Program Round 2 July Extension Please note, that you will need to confirm that your industry code listed on the Australian Business Register matches the eligible industries for this grant. In order to confirm your industry code, you will need to link your MyGov ID to the Australian Business Register and check your businesses details.

Licenced Hospitality Venue Fund

If you were eligible and have been receiving the Licenced Hospitality Venue Fund you will receive additional payments of between $5,000 and $20,000 graded by venue capacity.  These payments will be made automatically – NO FURTHER ACTION IS REQUIRED TO RECEIVE THIS PAYMENT

IMPORTANT: Other Support Payments For Employees

There is other support out there for employees.  If you are affected by the lockdown restrictions you may now be eligible for support payments without the ‘assets test’ that had been previously applied. These payments start from the first day of lockdown and are payments of:

All applications can be made through: Services Australia

We suggest you pass this information onto your employees if you think they might be eligible.

 

Once again please know that Suntax is with you as we navigate these testing times.  We are ‘business as usual’ with our Virtual Google Meet’s and available on the phone.  If there is anything at all that we can help you with please just reach out and let us know.

The Suntax Team

Sunbury Essendon