Small Business COVID Hardship Fund (CLOSES 10/9/21)
Providing $10,000 grants for eligible small and medium businesses that have experienced a reduction in turnover of at least 70%.
The Victorian Government has recognised the business community is doing it tough because of the global pandemic. The Victorian Government’s Small Business COVID Hardship Fund will assist eligible small […]
Business Costs Assistance Program Round Two July Extension
(APPLICATIONS CLOSE 13/8/21)
The Business Costs Assistance Program Round Two July Extension provides eligible businesses that had not previously applied for the Program in June, or have since become eligible, with the opportunity to apply for $4800 in support.
Avoid Common Mistakes in your Business Return, and include appropriate income – WHAT TO INCLUDE IN YOUR BUSINESS’S ASSESSABLE INCOME
– CASH INCOME
– GOVERNMENT PAYMENTS
– COMMISSIONS, INVESTMENT EARNINGS, GRATUITIES, COMPENSATION PAYMENTS
– INCOME NOT PART OF […]
The superannuation guarantee rate will increase to 10% on 1 July 2021. Payroll software should provide updates to ensure your payroll obligations reflect the new rate. Further increases are scheduled for future years as detailed below with an eventual increase to 12%.
Small Business Rebates, Grants and Support Still Available
There are still many rebates, grants and support available to small business. Please keep watch of the Business Victoria and your local government websites to keep abreast of what is on offer. Below are just a few such items which may be of interest to you.