Coronavirus Business Support

There is support available to help businesses through the coronavirus pandemic.


Assistance measures

Council has launched a package of assistance measures to help residents and business operators survive these difficult times.

Business:

  • A deferral of  commercial rent payments in Council owned buildings and facilities for two months, to be further assessed as the situation progresses.
  • Business ratepayers are able to enter into a payment arrangement or apply for financial hardship consideration regarding rates.  Each case will be assessed on individual circumstances with outcomes customised according to the need of each case.
  • No interest has been raised on overdue commercial/industrial or farming rates since the Shire was impacted by bushfires early in 2020 and this will be extended to the 30 June 2020.
  • One quarter of the rates raised by Council for the 2019/20 rating year has been waived for every commercial/industrial rated property in the Alpine Shire.
  • One quarter of the rates raised by Special Rate for commercial/industrial properties in Dinner Plan has been waived by Council for the 2019/20 rating year.
  • All fees associated with Food Act registrations have been waived for the 2020 calendar year and it is proposed in the draft Budget to extend this to the 2021 calendar year;
  • All fees associated with Public Health and Wellbeing Act registrations have been waived for the 2020 calendar year and it is proposed in the draft Budget to extend this to the 2021 calendar year;
  • All fees associated with Residential Tenancies Act registrations due this year have been waived, not due again until December 2022.
  • Fees associated with businesses obtaining permits under Council’s Local Law have been waived for the 2019/20 financial year, and it is proposed in the draft Budget to extend this to the 2020/21 financial year.

Information on support for residents is available on our Coronavirus COVID-19 information page.


Hotline help for businesses dealing with COVID-19 impacts

A hotline is available for businesses dealing with the significant challenges posed by the COVID-19 outbreak.

The pandemic is creating issues for businesses large and small who are facing a downturn in trade, bans on events and restrictions on indoor gatherings, as well as challenges in dealing with employee safety and entitlements.

Given the rapidly changing nature of the crisis, businesses need quick access to accurate information on how to keep their workplace safe, and advice on how to plan to deal with the current situation and anticipate likely developments.

Businesses across the state can now access information on dealing with COVID-19 by calling the Business Victoria hotline on 13 22 15.

Operators calling the hotline will be able to get information about support services, including those available through Business Victoria, which offers mentoring to help operators develop business continuity and recovery plans.

The hotline will provide the latest information on the response to COVID-19 and how this affects businesses, including how to access financial support available through the national stimulus package.

In addition to calling the Business Victoria hotline, business operators can also find information at business.vic.gov.au.


Training opportunities and support

AgBiz Assist Workshop: Current Financial Support, Get the Facts
Monday 27 April, 11.00am-12.00pm
Find more information or book here.

Taking Your Business Online: What You Need to Know
Wednesday 29 April, 1.00-3.00pm
Find more information or book here.
 
Finance Fundamentals: How to Keep Cash Flowing
Wednesday 6 May, 10.45am-12.45pm
Find more information or book here.
 
Business Planning Essentials: How to Build a Road Map to Success
Monday 25 May, 1.00-3.00pm
Find more information or book here.

Both the Victorian Chamber of Commerce and Industry and Victoria Tourism Industry Council are offering free memberships valued up to $700.

They support businesses, offering training, workplace relation advice, tools and templates (fact sheets, human resources, policy and letter templates and position descriptions).


Victorian Government support

JobKeeper payment

The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.

Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) through their employer. The payment ensures eligible employers remain connected to their workforce and will help businesses restart quickly when the crisis is over.

Economic Survival Package

The Victorian Government has established an economic survival package to support Victorian businesses and workers through the devastating impacts of the COVID-19 pandemic. The $1.7 billion Economic Survival Package complements the work of the Federal Government.

The package includes the following key programs:

Payroll Tax Refund

Businesses with annual taxable wages up to $3 million will have their payroll tax for the 2019-20 financial year waived. This will support 24,000 businesses and up to 400,000 workers.

Liquor licence fees waived

Renewable liquor licence fees for 2020 will be waived. Businesses that have already paid will be reimbursed.

Business Support Fund

The $500 million Business Support Fund will support the hardest hit sectors, including hospitality, tourism, accommodation, arts and entertainment, and retail.

Working for Victoria Fund

Under the $500 million Working for Victoria Fund, displaced workers will be eligible to apply for different types of work. This presents opportunities for paid work and an opportunity to contribute to Victoria’s ability to manage this event and support the community.

Land tax deferral

Landowners that have at least one non-residential property and total taxable landholdings below $1 million have the option of deferring their 2020 land tax payment until after 31 December 2020.

Fast tracking outstanding supplier invoices

The Government will pay all outstanding supplier invoices within five business days – releasing up to $750 million into the economy earlier.

Rent relief for commercial tenants in government buildings

The Government will work directly with commercial tenants in government buildings who can apply for rent relief. Private landlords are also being encouraged to provide rent relief or holidays to help businesses.


Australian Government support

The Commonwealth Government has also announced its economic response to the COVID-19 pandemic.

The support for business includes:
• Boosting cash flow for employers
• Increasing the Instant Asset Write-off
• Backing business investment
• Supporting apprentices and trainees
• Temporary relief for financially distressed businesses
• Supporting access to credit

Visit www.business.gov.au/coronavirus

Early access to superannuation

Individuals affected by the coronavirus can access up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21. You will be able to apply for early release of your superannuation from 20 April 2020.

To apply for early release you must satisfy any one or more of the following requirements:

  • You're unemployed
  • You're eligible to receive a JobSeeker Payment, Youth Allowance for job seekers, Parenting Payment (which includes the single and partnered payments), Special Benefit or Farm Household Allowance on or after 1 January 2020
  • You were made redundant
  • Your working hours were reduced by 20 per cent or more
  • If you're a sole trader, your business was suspended or there was a reduction in your turnover of 20% or more

People accessing their superannuation will not need to pay tax on amounts released and the money they withdraw will not affect Centrelink or Veterans’ Affairs payments.

You will be able to apply for early release of your superannuation from 20 April 2020.

Applications for early release of superannuation will be accepted through myGov from 20 April, 2020.


Centrelink

Coronavirus Supplement 

The temporary Coronavirus Supplement provides an extra $550 a fortnight payment on top of income support payment.

You’ll automatically get the supplement if you’re getting one of these payments:

  • JobSeeker Payment, Partner Allowance, Widow Allowance, Sickness Allowance and Wife Pension
  • Youth Allowance for job seekers
  • Youth Allowance for students and apprentices
  • Austudy for students and apprentices
  • ABSTUDY for students getting Living Allowance
  • Parenting Payment partnered and single
  • Farm Household Allowance
  • Special Benefit

If you’re already getting one of these payments Centrelink will pay you automatically from 27 April 2020, and will continue to pay you the supplement each fortnight if you’re eligible for up to 6 months.

Payment for Employees

Staff may be able to get a Centrelink payment if they are isolated at home due to the coronavirus pandemic. To get a payment, the individual needs to meet all the eligibility rules including residence rules and income and assets. Payments may be available for individuals who are unable to work due to being in isolation or hospitalised or caring for children.

Individuals may get one of the following payments:

  • Youth Allowance
  • JobSeeker Payment
  • Parenting Payment

Australian Tax Office

The Australian Taxation Office (ATO) will assist businesses (including sole traders) experiencing financial difficulty. Contact the ATO directly to discuss your circumstances. 

Small businesses with a turnover of less than $10 million are eligible to use instant asset write-off if they meet the criteria.


Australian Banking Association

The Australian Banking Association (ABA) has stated all small businesses hit by the coronavirus pandemic will be able to access a six-month deferral of all loan repayments.

Assistance can  include:

  • A deferral of scheduled loan repayments
  • Waiving fees and charges
  • Interest free periods or no interest rate increases
  • Debt consolidation to help make repayments more manageable

If your business is affected by COVID-19 speak directly to your bank to receive a six month business loan payment deferral.


Small Business Victoria

The Small Business Victoria website provides advice, updates and support to help your workplace plan in responding to coronavirus COVID-19. Everything is covered in a simple step-by-step fashion, from what to tell your employees to developing a recovery plan for your business. 

The page will also be updated as new information becomes available. Please check back regularly to stay up-to-date with the latest advice for your business.

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