On 13 September 2020, the Victorian Government announced the Small Business Digital Adaptation Program, a $20 million initiative to help Victorian sole traders, micro and small businesses adapt to a digital operating environment.
Through the program, businesses will receive a $1,200 rebate to cover 12 months’ access for selected digital products, from suppliers that have partnered with the state government. Through the program, businesses can trial selected digital business management tools to adapt websites, transition to e-commerce and manage finances.
The Small Business Digital Adaptation Program is for small businesses, sole traders, and micro businesses. To be eligible for the program an applicant must:
- Operate a business located in Victoria
• Hold an Australian Business Number (ABN)
• Have held that ABN on 13 September 2019
• Be registered for Goods and Services Tax (GST) on 13 September 2020 (unless you are not required by relevant tax law to be registered for GST).
Applicants must also be able to prove they are currently operating and intend to adapt their business model to a digital operating environment.
Move to Xero
Included on the list of 14 partnered suppliers is Xero, a cloud-based accounting software that can manage all your small business needs, from; invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping and STP compliant payroll.
Xero is C&H Accounting Group’s preferred accounting software for small businesses.
Don’t currently have an accounting software, starting a new business or considering a move to Xero from an existing accounting software? You are eligible to receive the $1,200 rebate.
If you believe that your business may be eligible for the rebate and/or have questions about moving to Xero, C&H Accounting Group can assist. Please notify us no later than Friday 25th June 2021 as registrations for the rebate close 30 June 2021.