On 13 September 2020, the Victorian Government announced a $3 billion Business Survival and Adaptation Package to help Victorian businesses:
The main aim is to provide cash flow support to Victorian businesses in the form of cash grants, additional funding and tax relief.
The survival of Victorian businesses and rapid return to prosperity is vital to the identity of Melbourne and regional Victoria and to the livelihoods of all who rely upon them. The latest package of support from the Government will assist these businesses during the current crisis and help them to emerge out the other end.
With our significant regional presence in Victoria, Findex is uniquely equipped to proactively address any questions you may have as well as work with you on strategies to help your business survive, adapt and thrive to these changed conditions.
If you have specific questions about the relief measures available for your business in Victoria, please get in touch with your adviser or contact the Crowe Tax Advisory team.