$3 billion to support Victorian businesses
I am sure that you would have heard about the Victorian Government announcement yesterday, but just in case you haven't, or you would like to learn more about it, I wanted to provide a brief summary of the announcement, and provide a link direct to the Business Victoria website.
About the package
The Victorian Government is investing $3 billion to help businesses impacted by ongoing restrictions and prepare for COVID Normal business.
$3 billion in cash grants, tax relief and cashflow support will be delivered to Victorian businesses that have been most affected by coronavirus (COVID-19) restrictions. The package will help businesses survive and keep Victorians in jobs.
The package provides various forms of relief under the following broad banners:
- Business Survival
- Business Adaptation
- Waivers and deferrals