It can be difficult to keep up to date with the changes to the Federal and State Government payments available to businesses and individuals at the moment and, as always, some are expiring soon. If you think there is a grant that you may be eligible for, but you haven’t applied yet, get in touch for help with your application.
A summary of the State Grants which expire soon, and their respective application links are listed here:
Victoria
- $20,000 (increased from $14,000 on 4th September 2021)
- Expires 10th September 2021
Business Costs Assistance Program
- $2,800 per week from 4 September 2021
- No current expiry date – this may take a while!
Small Business Digital Adaptation Program
- Reimbursement of upgrade websites, start online marketing, improve cashflow etc (includes adoption of online accounting software) of up to $1,200
- Expires 5th December 2021
NSW
COVID-19 Business Grant (covers 26 June to 17 July 2021)
- $7,500, $10,500 or $15,000 depending on size of decline in turnover
- Expires 1 October 2021
JobSaver Payment (covers 18 July 2021 onwards)
- Employing businesses: 40% of pre-COVID weekly payroll, $1,500 > $100,000 per week.
- Non-employing businesses: $1,000 per week.
- Expected to expire 18th October 2021
- Turnover $30,000 >$75,000 p.a
- $1,500 fortnight
- Expires 18th October 2021
South Australia
COVID-19 Business Support Grant July 2021
- $3,000 for employers
- $1,000 for non-employers
- Expires 30th September 2021
COVID-19 Business Support Grant 28 July to 10 August 2021
- $3,000 for employers
- $1,000 for others
- Extra $1,000 for those in CBD
- Expires 17th October 2021
Queensland
COVID-19 Business Support Grants
- $5,000
- Expires 16th November 2021
COVID-19 Business Support Grants – Top up
- At least $5,000 for employers
- $1,000 sole traders & non-employing entities
- Expires 30th November 2021
ACT
COVID-19 Business Support Grants
- Up to $20,000 for employers
- Up to $7,500 for non-employers
- Expires 7th October 2021
Tasmania
Border Closure Critical Support Grant
- From $1,000 up to $10,000
- Expires 23rd September 2021
There are a range of other grants and payments available from the various states however many do not apply to our client base and have been left off this table.
For many of the above grants, a letter from your accountant is required to confirm the reduction in your turnover. These letters are quite straightforward however there can be a bit of time taken to verify the calculations. We encourage you to contact us as soon as possible if you are yet to make a claim and think that you are eligible.
For those who are ineligible for the grants listed above, but have lost more than 8 hours of work each week due to the movement restrictions, the COVID-19 Disaster Payment is still available from Services Australia (via your MyGov account) at a rate of at least $450 per week – tax free.
Please reach out to your contact at Synstrat if you need to discuss your eligibility for any of these grants.
