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Tenfold Client Briefing – 19th August 2021 – Victorian update: grants and permits

In this briefing:

  1. Victorian lockdown: Authorised workers in admin roles
  2. Victorian lockdown: Small Business COVID Hardship Fund

 

1. Authorised workers in admin roles

With the requirement for authorised worker permits now in place in Melbourne metro, I want to remind Victorian Tenfold clients that if you have admin staff that are required to attend your office to perform tasks or functions that enable other people to work from home, they may be considered authorised workers.

Similarly, if your business is an authorised provider and your admin staff is required for business critical tasks to keep your operations going, they may also be an authorised worker.

See these excerpts from the Authorised provider and authorised worker list:

See here for the full list of Victorian Authorised providers and authorised workers.

 

2. Victorian Small Business COVID Hardship Fund

Many Tenfold clients and Victorian small businesses weren’t eligible for the recent round of Victorian grants that were determined based on ANZSIC codes, favouring hospitality businesses and gym. In recent days the Victorian Government has announced the details of another grant that we believe will benefit a far greater group of clients. Please speak to you coach about this, even if you don’t think you’re eligible as you might be surprised.

If your turnover has been exceptionally lumpy this year, you may be eligible for the Victorian Small Business COVID Hardship Fund. At $10,000 it’s certainly no substitute for getting back to work but it might help cover some costs.

The hardship fund grants are available for businesses that have experienced a decline in turnover of at least 70% for a minimum 2-week period between 27 May 2021 and 10 September 2021, compared to a similar period in 2019 (pre-COVID).

Our business coaches have read the fine print and the comparison period allows for a little bit of pragmatic flexibility with a 3-day window either side of the 2-week period. For example: the 2-week period in 2019 could be 14-27th August, while the comparison period in 2021 could be 12-25th August.

If you haven’t been able to invoice as much at certain times this year (including this current lockdown and for the next 3 weeks until 10 September), it’s worth running a comparison against your 2019 activity to see if you may be eligible for this financial support.

A couple of points our business coaches advise you to note:
• Victorian businesses only
• Only for businesses that aren’t eligible for other grants (such as the Business Costs Assistance grants)
• Open until 10 September 2021 or until funds are exhausted, whichever is earlier

Please speak to your coach we’ve been assessing various ways the grant criteria apply to different types of businesses.

See details of the grant here: https://business.vic.gov.au/grants-and-programs/small-business-covid-hardship-fund

Ash

 


For other briefings, see: Tenfold Client Briefings