$500M Business Support Fund Applications Close on Monday 1 June

The Field Group - Accountants & Business Advisors > Blog > $500M Business Support Fund Applications Close on Monday 1 June

Since it launched, the Business Support Fund has helped tens of thousands of Victorian small businesses impacted by restrictions put in place to slow the spread of coronavirus pay important operational costs and help keep people in work. Up until 11.59 pm on Monday 1 June 2020, eligible businesses can still apply for a one-off $10,000 grant through the fund.  Full details on eligibility and how to apply are set out on the Business Support Fund webpage business.vic.gov.au/businesssupportfund. A fact sheet has been created to provide further information about the Victorian Government’s Economic Survival Package.

This document contains general advice only and is prepared without taking into account your particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should speak to a licensed financial advisor who should assess its relevance to your individual circumstances.  While The Field Group believes the information is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the corporations Act 2001.

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The Field Group is composed of experts in the fields of Xero accounting, personal tax, self-managed superannuation, audit services, business services, bookkeeping, bench marking, business structuring and ATO Compliance. Based in Melbourne, The Field Group are also able to work with clients all over Australia and are the market leader for accounting services in the Ringwood, Croydon, Chirnside Park, Lilydale and general Melbourne eastern suburb region.

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