Small and Medium Business Grants in Victoria

The Federal and Victoria Governments have reached an agreement to make the grants recently announced under Victoria’s Business Resilience Package on 13 September 2020 and future grants programs paid until 30 June 2021 for small and medium business exempt from income tax.

The Federal Government will extend this arrangement to all states and territories on an application basis.

Note that there is no official instrument put in place as yet.

National Cabinet announcement on 18 Sep 2020.