South Australian Financial Support during Lockdown
State Government Cash Grants for July 2021 South Australia Lockdown
Earlier today, the state government announced income support in the form of 2 cash grants for eligible South Australian businesses as well as income support for regional workers.
One cash grant is a payment of $3,000 available to eligible businesses which employ people in South Australia and the other cash grant is a payment of $1,000 available to eligible businesses which have no employees (for example, non-employer sole traders).
The eligibility criteria for the $1,000 cash grants are as follows:
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
- 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% reduction in turnover for the week commencing 20 July (compared to the week prior) due to the restricted trading conditions
The eligibility criteria for the $3,000 cash grants are the same as the above, but, with the added requirement of having employees in South Australia.
Applications for the grant are expected to open within the next two weeks via the Treasury website. The link below is to register your interest if you have met the relevant conditions outlined above: Click Here
Regional Worker Support
Workers in regional SA, who live or work outside of the Commonwealth-declared ‘Hotspot’ local government areas and who are therefore not entitled to the Federal Government’s weekly support payments, will be eligible to receive up to $600 per week from the state government.
This scheme is for workers who have lost between 8 and less than 20 hours’ work, or have lost a full day of work, and $600 per week if a person has lost over 20 hours’ work.
These payments will be paid in arrears for the lockdown and anyone affected can apply through myGOV from Wednesday, 28 July. More information about this relief, including how to claim, will be available soon from the Services Australia website. Information can be found at this link.
Should you have any queries in relation to the above, please do not hesitate to contact our team at Thnk Advisory at 8333 7300.