{"id":10137,"date":"2020-04-14T16:57:45","date_gmt":"2020-04-14T08:57:45","guid":{"rendered":"https:\/\/www.crazydomains.com\/learn\/?p=10137"},"modified":"2020-12-02T17:49:25","modified_gmt":"2020-12-02T09:49:25","slug":"covid-19-government-grants-australia","status":"publish","type":"post","link":"https:\/\/www.crazydomains.com.au\/learn\/covid-19-government-grants-australia\/","title":{"rendered":"5 Resources and Grants to Sustain Your Business During COVID-19"},"content":{"rendered":"

There\u2019s no doubt the COVID-19 crisis is affecting the economy badly \u2013 including your business.<\/p>\n

We all didn\u2019t see this coming. Still, it pays to be prepared to ride out the crisis and keep your business afloat.<\/p>\n

In this unprecedented time, you need to get extra support to sustain your business. No need to shut down. No need to cut down staff.<\/p>\n

Here are a few resources and grants you may apply for to withstand the economic effects of COVID-19.<\/p>\n

Where to Get Financial Aid for Your Business Amid COVID-19<\/h2>\n

1. Stimulus package<\/h3>\n

The federal government of Australia has announced that they\u2019ll grant a stimulus package<\/a> to local businesses.<\/p>\n

Its purpose is to sustain businesses and help Australians keep their livelihood. In result, it would be easier for the economy to bounce back.<\/p>\n

Here are the features of the package:<\/p>\n

Remote working support<\/h4>\n

To control the spread of the virus, people are highly advised to stay home. In response to that, the package aims to help businesses transition to remote working efficiently. This benefit includes providing advanced technology, such as laptops and video conferencing software.<\/p>\n

Technology upgrade<\/h4>\n

The package offers businesses the opportunity to update their IT environment into more secured and advanced devices.<\/p>\n

Security backup<\/h4>\n

There\u2019re no stopping cybercriminals \u2013 not even the coronavirus. The package lets businesses invest in system upgrades to strengthen security against data breaches<\/a>. This means improved data protection, data backup<\/a>, and disaster recovery systems.<\/p>\n

\"Get<\/a><\/p>\n

2. Tax relief programs<\/h3>\n

In light of COVID-19, the Australian Taxation Office (ATO) will implement tax relief programs<\/a> for affected local businesses. This includes tax exemptions and rebates to qualified businesses.<\/p>\n

If your business is eligible, you can use your tax credit to support the paid sick leave of your employees under quarantine or to transition your business model online. This way, you can keep your business operational while keeping your staff safe.<\/p>\n

Stay connected for any updates from ATO<\/a>.<\/p>\n

3. Government and non-government disaster grants<\/h3>\n

Be updated with the government\u2019s emergency assistance and healthcare response<\/a> for businesses affected by the coronavirus crisis.<\/p>\n

This includes:<\/p>\n