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Tasmanian Small Business Support & Stimulus Package

Book your 45minute Business Continuity Plan NOW

This can be funded from your Tasmanian State Government Business Continuity Grant of $750 (see how to apply below)

This is a 45 minute Assistance Meeting on Zoom or phone, to discuss our COVID-19 Business Continuity Plan and guide you through the best actions to take, including the navigation of the Government (Federal, State & local) assistance packages available to you as a business. The Investment is $350 + GST of your Grant

If required we can assist you with preparing a cash flow budget for the next 12 months, and then advise and help you understand your ability to operate successfully during (if possible) and post the Covid-19 environment, including your ability to repay loans that may be required for survival. The Investment is $400 + GST of your Grant

Non-Members & Existing Collins SBA Clients.

Tourism Industry Council of Tasmania (TICT) Members.

Members of THA and Non-Members in the Hospitality Industry.

Call the THA now so they can help you access a fully funded grant that will provide you with financial and strategic guidance to help you through this tough period.

 

Website
Phone 03 6220 7300

Financial support of Businesses in Tasmania can be found in several grants and loans.

Financial support of Businesses in Tasmania can be found in several grants and loans.

For a quick summary – watch this 4 minute video

Play Video

You need to register with business.tas.gov.au first for the following:

Business Continuity Grant

This one-off grant of $750 will support Tasmanian businesses to engage the services of a suitably qualified person to advise on business continuity planning.

Small Business Emergency Support Grant

To assist affected small businesses in the identified severely impacted industries, grants of $2,500 are available through the Department of State Growth as one off emergency support payments. You must have had fewer than 20 FTE’s before 31 January 2020.

Small Business Hardship Grant

For small businesses in the identified sectors that are experiencing severe financial hardship, grants of $15,000 grants will be made available.

Businesses seeking this large grant should first apply for the Small Business Emergency Support Grant.

Details of the $15 000 Small Business Financial Hardship Grant will be announced in due course along with the application process.

Business support loans

Due to the significant impact of COVID-19 on Tasmanian small businesses, loans are available to assistant eligible businesses with business continuity, viability and sustainability. These are 5 year loans of up to $250,000 and are interest free for the first 3 years.

Payroll Tax Waivers

  • Payroll tax liabilities will be waived for hospitality, tourism and seafood industry businesses for the last four months of 2019-20.
  • Other businesses with payrolls of up to $5 million will be able to apply, based on the impact of virus, to have their payroll tax waived for April to June 2020.

Youth Employment Scheme

The Scheme provides a payroll tax rebate for one year, to businesses that employ a young person aged 24 and under, between April and December 2020.

Business vehicle registration relief

To support significantly impacted Tasmanian small businesses, business vehicle registration savings and deferrals are now available.

Supporting our creative arts

We recognise the significant impact the unfolding COVID-19 situation is having on Tasmania’s cultural and creative industries, with funding available to support our artists, screen practitioners and arts organisations.

Targeted Small Business Grants Program for Apprenticeships and Traineeships

The targeted Small Business Grants Program provides a $5,000 grant for businesses that hire an apprentice or trainee in the tourism, hospitality, building and construction, and manufacturing industries.

Funding for this measure has been brought forward.

Support for your employees

The Rapid Response Skills Initiative (RRSI) has just been given more capacity by the Premier. RRSI provides up to $3,000 financial support for training to people who have lost their jobs because either they have been made redundant, the place they worked has closed or the employer had to let staff go.