COVID-19 SA Business Support Grants Update

 

31 January 2022

Further to our previous correspondence regarding SA Government support for COVID affected businesses, as at 29 January 2022, further grants have been released. In addition to the grants available for the period 27 December 2021 to 9 January 2022 (inclusive), there is now additional support relating to the turnover period 10 January 2022 to 30 January 2022 (inclusive).

The additional grants available, tabled under the Grant Program “Additional Round (January 2022)” include:-

  • Tourism, hospitality and gym grant
  • Business hardship grant
  • Major events grant
  • Payroll tax relief

Who can access the grants?

Tourism, hospitality and gym grant

  • Turnover based payment
    • A 30% reduction in turnover during the period 10 January 2022 to 30 January 2022 (inclusive) comparable to 3 weeks in 2019-20 (or 2020-21 for those businesses that did not trade in 2019-20) as specified by the grant conditions.
    • The grants available are up to $22,000 dependent on your business
    • Please note successful recipients of the Tourism, Hospitality and Gym Grant – turnover based payment- December 2021 (relating to turnover in the period 27/12/2021 to 09/01/2022), will automatically receive payment under the Tourism, Hospitality and Gym Grant – Additional Round – January 2022. If your business has not submitted an application for the Tourism, Hospitality and Gym Grant – turnover based payment – December 2021, whether or not you have received an automatic payment, you MUST SUBMIT AN APPLICATION for this grant.
    • Additionally, if you are eligible for this grant and were not able to claim the previous grant (December 2021) as you may not have previously been eligible, an application needs to be completed before the closing date (31 March 2022).
    • Applications and the all-important guidelines will be available on 14 February 2022 with further information to come.

Business hardship grant

  • Turnover based payment
    • A 50% reduction in turnover during the period 10 January 2022 to 30 January 2022 (inclusive) comparable to 3 weeks in 2019-20 (or 2020-21 for those businesses that did not trade in 2019-20) as specified by the grant conditions. The grants available are up to $8,000 dependant on your business.
    • Please note successful recipients of the Business Hardship Grant – turnover based payment- December 2021 (relating to turnover in the period 27/12/2021 to 09/01/2022), will automatically receive payment under the Business Hardship Grant – Additional Round – January 2022. If your business has not submitted an application for the Business Hardship Grant – turnover based payment – December 2021, whether or not you have received an automatic payment, you MUST SUBMIT AN APPLICATION for this grant.
    • Additionally, if you are eligible for this grant and were not able to claim the previous grant (December 2021 as above) as you may not have previously been eligible, an application needs to be completed before the closing date (31 March 2022).
    • Applications and the all-important guidelines will be available on 14 February 2022 with further information to come.

Major events grant

  • Requires proof of non-recoverable financial loss due to an event being cancelled/postponed during the impacted period (27 December 2021 to 31 March 2022 (inclusive)
  • There are various criteria to meet to be eligible for this grant
  • The grants available are up to a maximum of $100,000 dependant on the event cancelled/postponed
  • An application needs to be completed before the closing date

Payroll tax relief

Tourism, hospitality, gyms and other eligible businesses impacted by the trading restrictions in place from 27 December 2021 may apply to RevenueSA for a deferral of payroll tax due over the period from January 2022 to June 2022, with these deferred payments due from July 2022.

Further information is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief

A good summary of the SA Government COVID-19 Business Support Grants can be found here