Bushfire Recovery Grants for Small Business
Mar 31, 5 months ago

Bushfire Recovery Grants for Small Business

The NSW, Victorian & South Australian State Governments are supporting business with grants for those directly and indirectly impacted by the recent bushfires

These grants are up to $50,000 for those directly impacted by the bushfires; and up to $10,000 for those indirectly impacted by the Bushfires.

Directly Impacted Grants
The directly impacted grants are provided to help pay costs associated with clean up and reinstatement of the small business. This may include:

  • engagement of tradesperson to conduct a safety inspection of damage to a property, premises, or equipment;
  • purchasing, hiring or leasing equipment or materials to clean a property, premises, or equipment;
  • purchasing, hiring or leasing equipment or materials that are essential for immediately resuming operation of the small business;
  • removing and disposing of debris or damaged materials;
  • removing and disposing of spoiled goods and stock due to power outage;
  • repairing a building, or repairing or replacing fittings in a building, if the repair or replacement is essential for resuming operation of the small business. If the repair or replacement is for small businesses that is home based, applicants are only permitted to claim the costs for damage to the premises which is directly attributable to the business, not other household damage;
  • any of the following:
    • replacing lost or damaged stock if the replacement is essential for immediately resuming operation of the small business;
    • leasing temporary premises for the purpose of resuming operation of the small business

To find out further information or to apply for the directly impacted grants please visit Service NSW on the below link
https://www.service.nsw.gov.au/transaction/apply-bushfire-recovery-grant-directly-impacted-small-businesses

Indirectly Impacted Grants
The indirect grants are provided to support eligible small businesses to recover from the bushfires and rebuild resilient businesses. This may include, but is not limited to, any of the following:

  • meeting standing business costs, including utilities, salaries and rent;
  • seeking financial advice to support the recovery of the business;
  • adjusting the business to be viable in the changed local context following the bushfires;
  • developing the business and extending business reach through marketing and communications activities; or
  • improvements to make the business more resilient to future disasters.

To find out further information or to apply for the indirectly impacted grant please visit your state authority on one of the below links

NSW
https://www.service.nsw.gov.au/transaction/apply-small-business-bushfire-support-grant

VIC
https://www.ruralfinance.com.au/industry-programs/small-business-bushfire-support-grant

SA
https://pir.sa.gov.au/emergency_management/bushfire_support/financial_support_after_a_bushfire

Share "Bushfire Recovery Grants for Small Business" via

More in 2020 Archive
May 8, 3 months ago

Our app has been updated to include a COVID-19 Resource Kit!

As your accountant, it’s our job to ensure your business stays informed, compliant and tax efficient, and with this in mind we have recently updated the David O’Brien and Associates mobile app. The app is completely free of charge to you as one o…

Read   Comments are off
Apr 15, 4 months ago

The JobKeeper Payment – 50 Questions & Answers

On 8 April 2020, the Federal Government passed a package of Bills through both Houses of Parliament (which received Royal Assent on 9 April 2020) to give effect to (amongst other things) the JobKeeper Scheme. Subsequent to this, a Legislative Instrum…

Read   Comments are off
Apr 9, 4 months ago

COVID-19 – Temporary Amendments to the Clerks Award

Last week we received communication from Turnbull Hill Lawyers, one of our trusted local lawyers regarding The Fair Work Commission recently approving an urgent change to the Clerks-Private Sector Award 2010 (Clerks Award). The change is the insertio…

Read   Comments are off