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Support has been announced for the hospitality sector in Victoria to help with the latest lockdowns and restrictions. The Federal Government and Victorian Government have announced another round of financial support worth $70 million for eligible licensed venues in the state.
Hospitality grants in Victoria
To receive the funding, the business must operate a licensed restaurant, bar, club, pub, hotel or reception centre that’s registered to serve food and alcohol in Victoria on 27 May 2021. It must hold general or late night full club, restaurant & café, producer’s or on-premises liquor license as of the same date. The business must have a food business holding a Class 2 or 3 Service Sector Certificate of Registration valid in 2021 and serve food at the venue. It must be registered for GST and hold an ABN on 27 May 2021 and registered with Federal or State regulator.
An employing business must also attest that it is providing workers access to paid leaves or work from home set-up during restrictions and support casual workers where possible.
Businesses that received support under the 2nd round of the Business Cost Assistance Program is not eligible to get support under the Licensed Hospitality Venue Fund 2021. The business is also not eligible if it operates a private gender-exclusive club and where membership is by nomination or invitation by a member only.
Businesses were previously invited to apply using their registered eLicence email but it is still unknown whether this will remain the same. Make sure your contact details are correct in the Liquor Licence Portal and register for an account if you don’t have an eLicence.
Find out if you’re eligible for more financial support. If you need assistance, don’t hesitate to reach out to our team.
As you look for different ways to grow and improve your business, seeking professional advice could prove to be an important and helpful decision.
You can click here to speak to a business, accounting and bookkeeping firm. We also offer hospitality business consultation and mortgage services. We will give you a call to know more about your needs. We will explain to you how we can improve your business.
We would love to help you formulate investment strategies and streamline your processes to take your business to the next level. Our goal is to help you grow your business, find ways to invest more and increase your productivity.
Sky Accountants Ballarat
Phone: 1300 328 855
Office Address: 902 Howitt Street, Wendouree, Victoria 3355, Australia
Postal Address: PO Box 2234, Bakery Hill, Victoria 3354
Sky Accountants Gisborne & Macedon Ranges
Phone: 03 97444522
Office Address: 45 Hamilton Street, Gisborne, Victoria 3437, Australia
Postal Address: PO Box 270 Gisborne Victoria 3437