Specialist Dental Accountants

Business Support Grants & COVID Disaster Payments

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Business Support Grants

and COVID Disaster Payments

With new announcements and updates happening so fast, we’re taking a moment here to run through what we know, with the appropriate links so you can start applying for available grants.


Circuit Breaker Business Support Package

This is open to Victorian Businesses affected by the circuit breaker restrictions announced on 27 May 2021.  This package is to support businesses unable to operate during the restrictions and eligible businesses can receive a payment of $2,500.  This is targeted for small to medium businesses & sole traders.

By applying for the grant, you are intending to use the funds for any of the following 4 reasons:

The ADAVB confirmed on 31 May 2021 that dentists would be eligible under industry code 8531

If you are a contractor dentist and unsure if these apply to you, we would suggest:

We understand that using the grant to pay for accounting fees would be considered part of the advice to support business continuity planning.  If you would like to explore this option further, please speak with your account manager.

For full details please click here:   https://business.vic.gov.au/grants-and-programs/circuit-breaker-business-support-package

Please remember that this is a grant and not a payment. If the government knocks on the door, you will have to show that the grant money was utilised for the purpose of the business as per the above

Business Costs Assistance Program Round Two

If you meet the criteria for the Circuit Breaker Business Support Package, and are located in metropolitan Melbourne, you are eligible for a further $2,500, due to the extended lockdown period (ie. a total of $5,000).  https://business.vic.gov.au/grants-and-programs/circuit-breaker-business-support-package/business-costs-assistance-program

Applications close on 24/06/21


We were going to do a quick reminder about the Qld Business Basics grant that opened at 9.30am on the 31st of May.  However, it closed a short 3 hours later at 12.39pm having reached 3,000 applications submitted (100% allocation).  Well, with that sort of speed, no wonder they don’t have daylight savings


The federal government announced a new payment plan that will be made available to anyone who has lost work in greater Melbourne over the next week. 

However, this temporary COVID disaster payment will be available in the future to anyone who loses work in any state or territory that goes into a lockdown of more than 7 days (and commences at the start of the 2nd week)

Apply online https://www.servicesaustralia.gov.au/, or call Services Australia, from next Tuesday.

Who better than the man himself (Scomo) to explain this new payment and what the eligibility requirements are (don’t worry, it only goes for 3 minutes) :  https://www.abc.net.au/news/2021-06-03/new-temporary-covid-payment-lockdown-explained/100188242

 But in short

As we all know from last year, things can change at a moments notice, so while this information is correct at the time of writing, it is important to seek information from the links provided for the most up-to-date announcements and guidelines.