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Support is now available if you’re affected by COVID-19 and experiencing financial difficulty, especial during the current lockdown.
See below for some of the grants you may be eligible to receive.
Small Business COVID Hardship Fund
Grants of $10,000 to eligible small and medium businesses, including employing and non-employing businesses are now available for businesses:
whose operations have been severely impacted by COVID-19 restrictions that have been in place between 27 May 2021 and August 2021
that have experienced at least a 70% reduction in turnover as a result of the COVID-19 restrictions
that are ineligible for other key COVID-19 Victorian Government business grant programs that have been announced since 27 May 2021.
Eligibility criteria: To be eligible, businesses must:
be located within Victoria
as a direct consequence of COVID-19 restrictions since 27 May 2021 have experienced a reduction in turnover of at least 70% for a minimum consecutive two-week period comparable to a benchmark period in 2019
(Businesses should compare their best consecutive two-week trading period between 27 May and 10 September 2019, with their worst consecutive two-week trading period between 27 May and 10 September 2021)
have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
have been registered for Goods and Services Tax (GST) on and from 28 July 2021
hold an Australian Business Number (ABN) and have held that ABN on and from 28 July 2021
be registered with the responsible Federal or State regulator.
Employing businesses must also:
be registered with WorkSafe Victoria
attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the COVID-19 restrictions, and supporting their casual workers, where possible.
More information can be found on Business Victoria website here.
COVID-19 Disaster Payments
This support is available for those who couldn’t work due to a Victoria COVID-19 public health order.
The eligibility criteria depend on everyone's own situation, including whether you received a Centrelink payment, your location, how many hours you have lost, etc. For detailed information on how much you can receive and what are the requirements, please visit Service Australia website here. In order to claim, you need to follow the steps below:
Sign in to myGov and select Apply for support from the Government support for coronavirus alert
Under Affected by coronavirus (COVID-19), select Get started
Select Apply for COVID-19 Disaster Payment
Answer the eligibility and claim questions => you can figure out if you are eligible in this step
Submit your claim
If you have any questions, please do not hesitate to contact us at admin@lyndengroup.com.au.
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