Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before acting in any of the areas.
This newsletter is issued as a helpful guide to clients and for their private information. Therefore it should be regarded as confidential and not be made available to any person without our prior approval.
Please contact us if you wish to discuss how the points raised in this edition specifically affect you.
The Victorian Government has announced a one - off $5,000 grant under the Business Support Fund to support businesses employing staff that have been impacted by Stage 3 ‘Stay at Home’ restrictions for a period of 6 weeks.
We are contacting all our valued clients to ensure all eligible clients do not miss out on applying for this support.
The grant was previously provided to the 12 postcodes affected by the outbreak however has now been expanded to all areas impacted by the Stage 3 restrictions.
Please note the criteria for eligibility is different from the $10,000 grant initially provided under Business Victoria.
All the following eligibility criteria will need to be met in order to qualify for the grant. Businesses must:
Businesses that have received funding from other components of the Victorian Government’s Economic Survival Package are eligible to apply for this program.
Note- Business owners that do not employ people (non-employing businesses) are not eligible for funding through this program.
Applications are now open and need to be completed online via the Business Victoria website. Applications close 14 August 2020.
Please click on the link for more information or to apply on-line:
Evidence and information required
The following evidence will be required when submitting your application:
Applicants will be subject to an audit by the Victorian Government or its representatives and will be required to produce evidence (such as payroll reports to demonstrate impact) at the request of the Victorian Government for a period of four years after the grant has been approved.
Please contact your knp adviser should you require our assistance or need us to assist in whether you may be eligible for the grant.