The Premier, yesterday (Sunday 13th September) announced an additional financial support package for businesses affected by lockdown restrictions. In summary, this provides the following relief to qualifying retail businesses in Victoria:
- Around 75,000 eligible businesses with payrolls up to $10 million will receive grants of $10,000, $15,000 or $20,000 depending on their size.
- The Government will now defer payroll tax for businesses with payrolls up to $10 million for the full 2020-21 financial year.
- $20 million will be allocated for small businesses to access off-the-shelf digital programs such as Shopify or Squareonline, training and workshops designed to help businesses adapt to online operations.
Click for Vic, a new website and campaign aimed at encouraging Victorians to support local businesses will be boosted with $8.5 million for more marketing and advertising, and expanding the digital platform and its partnerships with third-party e-commerce providers to sell these strengths far and wide.
Source: Australian Retailers Association
Premier’s statement is available here 200913 – Supporting Victorian Businesses On Our Road To COVID Normal
Full details of the funding program can be found by CLICKING HERE