The Business Costs Assistance Program 2 is now open for applications. This is in response to the lockdown restrictions imposed from Thursday,May 27 2021.
The Program offers $2,500 per week (maximum of $5,000) for each 7 days a business is impacted by the lockdown restrictions.
Eligibility criteria
To be eligible, businesses must:
- be located within Victoria
- operate in an eligible sector listed in the list of eligible ANZSIC classes for this program
- have incurred direct costs because of the restrictions and cannot fully operate remotely
- 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 Thursday 27 May 2021
- hold an Australian Business Number (ABN) and have held that ABN at Thursday 27 May 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 circuit breaker action, and supporting their casual workers, where possible.
Source: Business.vic.gov.au
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