13 August 2021
The Government of South Australia has announced an additional COVID-19 Business Support Grant. This is available for industry sectors that are significantly impacted by the COVID-19 density and other trading restrictions applicable from 28 July 2021.
Grants of $3,000 for employing businesses and $1,000 for non-employing businesses will be available for businesses in eligible industry sectors (those that have been significantly impacted by the restrictions) that have experienced a decline in turnover of 30% or more as a result of the COVID-19 health trading restrictions introduced from 28 July 2021.
A further grant of $1,000 will be available for eligible businesses (both employing and non-employing) with a commercial premise in the Adelaide CBD. This recognises that an increased number of employees have been working from home (in line with health advice) and the flow on impact this has on businesses operating in the CBD.
This grant builds on the COVID-19 Business Support Grant – July 2021 which was announced in July and is supporting thousands of South Australian small and medium sized businesses that suffered a loss as a result of the restrictions (and subsequent lockdown) imposed on 20 July 2021. Businesses that received the COVID-19 Business Support Grant – July 2021 are eligible to receive the additional COVID‑19 Business Support Grant, subject to meeting all the eligibility criteria.
To be eligible for the grant, businesses must meet the criteria listed below as at the start of the restriction period of 12:01am Wednesday 28 July 2021:
- Be located within South Australia.
- Have a valid and active ABN (Australian Business Number) and be registered for GST.
- Have an Australia-wide payroll of less than $10 million in the 2019-20 financial year.
- Operate in an eligible industry sector identified in the list of eligible ANZSIC classes
- And must have experienced at least a 30% reduction in turnover due to the restricted trading conditions over the two weeks from 28 July 2021 (the commencement date of the trading restriction) to 10 August 2021 compared to average fortnightly turnover in the June quarter 2021 (prior to restrictions).
To be deemed an employing business, the business must employ people in South Australia.
There is no minimum turnover test for the COVID-19 Additional Business Support Grant, but a business must be registered for GST.
Where multiple non-employing businesses meeting the eligibility criteria are controlled by one individual, company, partnership, or trustee, funding will be restricted to one grant for all non‑employing businesses controlled by the individual, company, partnership, or trustee.
Businesses must be able to provide evidence of this reduction in turnover if requested and retain these records for 2 years from the date the grant was approved. Applications may be subject to audit.
Applications for the COVID-19 Additional Business Support Grant are now being accepted through the Department of Treasury and Finance application portal.
Please Note – there may be periods of significant demand for the applications portal, if delays are experienced please be patient, applications may be submitted until 17 October 2021.