New Support Package for businesses impacted by COVID-19 restrictions
The South Australian Government has introduced various support packages for SA businesses impacted by the health restrictions put in place from 27th December 2021.
New grants are available to eligible businesses across the state’s tourism, hospitality, gym/fitness and major event industries, as well as a general Business Hardship Grant.
Business Hardship Grant
Eligible businesses will be provided with a once-off $6,000 grant. An additional $2,000 will be available for eligible businesses that operate from a commercial premise located in the Adelaide CBD.
To meet the criteria the business must have:-
- A valid and active ABN and be operating in South Australia;
- Be registered for GST;
- Employ people in South Australia;
- Have an Australian grouped payroll of less that $10 million in the 2019-20 or 2020-21 financial year; and
- Have a reduction of turnover of at least 50% during the defined restriction dates due to the impact of Covid-19 restrictions.
Tourism, Hospitality & Gym Grants
There is targeted support available in the tourism, hospitality and gym sectors. Where these businesses have received a previous COVID-19 support grant, an automatic payment will be made without an application required to be completed.
Employing businesses may be eligible for a turnover based payment if they have been required to operate under a 1 person per 7 square metre density restriction. Employing businesses will also need to declare that they have experienced at least a 30 percent reduction in turnover due to the restricted trading conditions during the defined restriction dates.
Major Events Grant
A Major Events Support Grant has been announced to support South Australian organisers of major public events scheduled during the defined restriction dates.
For full details of eligibility, the application process, as well as full payment information, please visit the SA Treasury website.
COVID-19 Business Grants | Department of Treasury and Finance
Alternatively, please contact our office for further information on 8291 2111.