Institute of Certified Bookkeepers

Support for Business including:

Micro-Businesses, Sole Traders and Small Not for Profit

Note: LD5.0 refers to the current period of Lockdown, LD5.1 for the five day period 16-22 July 2021, and LD5.2 for the seven day period 21-27 July 2021

Support AvailableWhat is it?Who Gets it and Why?What Period of Lockdown Does it CoverWhen will I get SupportWhere can I get more Info & Apply?
Business Cost Assistance Program (Top-Up) One-off tax-free grant of $2,000 for LD5.1 plus $2,800 for LD5.2 For Victorian businesses within heavily impacted industries (specific ANZSIC Codes apply) From the start of the LD5.0 Payments in stages: automatic for those eligible under LD4.0; for those ineligible, applications open end of July For those eligible for LD4.0 payment, nothing to do; for those ineligible, apply via the Business Victoria website towards the end of July

Licensed Hospitality Venue Fund 2021

(Top-Up)
One-off tax-free grant of $3,000 for LD5.1 plus $4,200 for LD5.2 For Victorian businesses who both hold a liquor licence and serve food From the start of the LD5.0 Payments in stages: automatic for those eligible under LD4.0; for those ineligible, applications open end of July For those eligible for LD4.0 payment, nothing to do; for those ineligible, apply via the Business Victoria website towards the end of July
COVID Disaster Payment (CDP) A lump-sum payment to help employees and sole traders unable to earn an income due to lockdown $750 for workers who have lost more than 20 hours during each lockdown period or $450 if lost between 8 & 20 hours

For VIC, from the start of LD5.0.

The first payment period is 16-22 July 2021, and the second payment period is 22-27 July 2021
Applications opened on 23 July 2021 for the first period Apply via Services Australia.
Log into MyGov, set up the link with Centrelink and apply
Community Sporting & Recreation Club Package to support cancelled/postponed events; grants of $2000 For community sport or active recreation organisations From the start of the LD5.0 Opening soon  

Through Business Victoria

www.business.vic.gov.au
Victorian Events Support Package Grants of up to $10,000 for suppliers to up to$25,000 event organisers ($250,000 for major events) Event organisers, hosts, and suppliers From the start of the LD5.0 Opening soon  

Through Business Victoria

www.business.vic.gov.au
Live Performance Support Grants of $7,000 or $2,000 respectively Live performers and suppliers From the start of LD5.0 Opening soon  

Through Business Victoria

www.business.vic.gov.au
Alpine Support Program Package to support business located in the ski fields; businesses that were eligible for the initial $15,000 will get an additional $3,000 Businesses at Victoria’s six alpine resorts, Dinner Plain, and key businesses located off mountain in the surrounding towns From the start of the LD5.0 Payments in stages; automatic for those eligible under LD4.0; for those ineligible, applications open end of July Through Business Victoria
www.business.vic.gov.au

The above outlines the support available at the time of writing (29th July 2021)

  • Updated: 2nd August, 2021
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