SA COVID-19 Additional Business Support Grant

Grant Miles

11 August 2021

Small and medium-sized businesses within South Australia will soon be able to gain access to the new South Australian COVID-19 Additional Business Support Grant. This grant will deliver roughly an extra $40 million in support to an estimated 19,000 regional businesses in eligible industries, including hospitality, tourism, gyms, performing art venues, artists and performers and transport.

The package is jointly funded between the Commonwealth and the South Australian Governments, with the state government to administer the program.

The new package includes:

$3,000 cash grants for employing businesses and $1,000 for non-employing businesses (e.g., sole traders) in eligible industry sectors that have experienced a decrease in turnover of 30% or more over a two-week period because of the COVID-19 trading restrictions introduced from 28 July 2021.
An additional grant of $1,000 will be available for eligible businesses (both employing and non-employing) with a commercial premise in the Adelaide CBD (postcode 5000), in recognition of the increased impact on city businesses as a result of people working from home.

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 situated within South Australia.
Have a valid and active Australian Business Number (ABN) 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 considered 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.

Applications for the COVID-19 Additional Business Support Grant open today (13 August 2021) and will close at 11:59pm on 17 October 2021.

If you would like us to assist with applying for these grants, please contact us. For further details about this grant, please visit the Treasury SA website.