Aug 25, 2014
Welcome to Accountants Minute. I’m Peter Towers, managing
director of ESS BIZTOOLS.
The Australian government’s Business Evaluation Program, which can
then lead to a business being eligible for Business Growth Grant,
is great news for some businesses operating in the tourism
industry.
To be eligible, businesses must derive a significant portion of
their revenue from tourists. The types of businesses include:
• Tourism Accommodation
• Tourist Attractions
• Local Food and Beverage Tasting Experience
• The operation of Tours
• The operation of Travel Agency Services
Eligible businesses must be operated by a company or a company
acting as trustee of a trust. The turnover in most populated areas
of Australia needs to be a minimum $1million, with a maximum
turnover of $100million.
Grants that are available are up to $20,000 on a 50% grant
basis.
If you have any clients whom you think might be eligible for these
grants, in the first instance, you should be contacting the
Entrepreneurs’ Infrastructure Program and talking to a business
adviser.
http://www.essbiztools.com.au