To be eligible for the one-off $3,000 emergency cash grant, a business must, as at 12:01am Tuesday 20 July 2021:
- Be located within South Australia
- Have an annual turnover of $75,000 or more in 2020-21 or 2019-20, and be registered for GST
- Employ people in South Australia
- Have an Australia-wide payroll of less than $10 million in 2019-20
- Have a valid Australian Business Number (ABN)
- Experienced at least a 30 per cent reduction (compared to the week prior) in turnover due to the restricted trading conditions
To be eligible for the one-off $1,000 emergency cash grant, a non-employing business must meet the criteria listed above excluding the requirement to employ people.
Applications for the Business Support Grant must be submitted by 11:59pm, 30 September 2021.
Non-employing businesses are not eligible to apply if persons associated with the business, and who derive income from it, have applied for, or are receiving, the Commonwealth COVID-19 Disaster Payment. (Find out more about the COVID-19 Disaster Payment here)
Businesses will be required to declare that they have experienced a loss or reduction in turnover due to restricted trading conditions. They will not be required to provide any supporting information at the time of application but will be required to retain supporting information for 12 months that could be made available for audit and compliance purposes such as:
- Turnover comparison data for the week prior to the assessment period
- Emails or texts to or from clients or suppliers detailing cancelled orders or appointments
- Receipts for refunds provided
- Invoices or delivery dockets
- Appointment/scheduling platform, demonstrating cancelled appointments or bookings
- Screenshots of cancelled events
Official grant guidelines and an application portal will be made available shortly. In the interim, register here, to receive a notification that applications are open (you will need to create an account and login if you do not already have one) or email smallbusinessgrant@sa.gov.au to express your interest.
The team at Henson Lloyd are available to discuss these and any other matters during the lockdown, please stay safe and we will commence appointments once we are released from the lockdown.
