Eligible small and medium sized businesses that suffer significant loss of income or have been forced to close as a result of the restrictions will be able to access a one-off cash grant of $3,000 for employing business or $1,000 for non-employing businesses.
Businesses must meet all of the eligibility criteria as at 12:01 Tuesday 20 July 2021:
To be eligible for the $1,000 grant, non-employing businesses must meet all of the above criteria excluding the requirement to employ people.
Funding will be restricted to one grant for employing businesses controlled by one individual, company, partnership or trustee.
Businesses will not need to provide supporting information at the time of application, just a declaration only, but must retain relevant documentation to support their application for at least 12 months so that it could be made available for audit and compliance purposes. Examples of such documentation include:
Official guidelines and an application portal will be available soon with applications closing on 30 September 2021.
Click here to register to receive a notification when applications open.
The SA Government is seeking clarification with the Commonwealth Government that for microbusiness not registered for GST, they will be eligible for the COVID-19 Disaster payment (more details about this payment are available on our website).