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With the ongoing uncertainty that COVID creates, it is vital that you remain in contact with your Accountant to ensure you receive up to date information and assistance if required. Updates are frequently posted to our Website and Facebook page.

COVID-19 Support Fund Announced by South Australian Government Announcement 31st December 2021

In response to the COVID-19 pandemic and its significant impact on local businesses, community organisations, industry sectors and jobs, the South Australian Government announced the establishment of two funds to support businesses, jobs and community organisations:

  • Business and Jobs Support Fund
  • Community and Jobs Support Fund

The Funds have supported a range of businesses and community organisations during the COVID-19 restrictions. The funds have been combined to create the COVID-19 Support Fund.

The South Australian Government has introduced support packages for businesses that have been impacted by the health restrictions put in place from 27 December 2021.

The summary table below outlines the grants available to the Tourism, hospitality and Gyms as well as major events and also for those businesses impacted by health restrictions in place from 27 December 2021 that are not eligible for the tourism, hospitality and gym grants.

 

Grant Program

 

Amount

 

Impacted period

 

Turnover decline

 

Reference period for turnover decline

 

Industry Specific

 

Closing Date

 

Further Details

Tourism, hospitality and gym grant - automatic payment- December 2021

$3,000 for employing businesses or $1,000 for non-employing businesses.

Additional $1,000 for CBD businesses.

Additional $7,000 for tourism and hospitality businesses with turnover above $2 million.

Automatically paid to businesses that received previous COVID-19 Tourism and Hospitality Support Grant and Gym operators that received Additional COVID-19 Business Support Grant.

N/A

Yes

N/A

N/A

Tourism, hospitality and gym grant - turnover based payment- December 2021

$3,000 for employing businesses or $1,000 for non-employing businesses.

Additional $1,000 for CBD businesses.

Additional $7,000 for tourism,  hospitality and other eligible businesses with turnover above $2 million.

Additional top up equivalent to automatic payment for businesses that did not receive the automatic payment.

27 December 2021 to 9 January 2022 (inclusive)

30%

Comparable 2 weeks in 2019-20 (or 2020-21 for those businesses that did not trade in 2019-20)

Yes

31 March 2022

Guidelines

Business hardship grant - December 2021

$6,000 for employing businesses or $2,000 for non-employing businesses

27 December 2021 to 9 January 2022 (inclusive)

50%

Comparable 2 weeks in 2019-20 (or 2020-21 for those businesses that did not trade in 2019-20)

 

No

 

31 March 2022

 

Guidelines

Major events grant - December 2021

Up to $100,000 for organisers of cancelled or postponed major public events

27 December 2021 to 27 January 2022 (inclusive)

Event cancelled/postponed

N/A - Requires proof of non-recoverable financial loss

No

31 March 2022

Guidelines

If you believe that you meet the eligibility criteria and require assistance with the above then please contact our offices on 8352 2522 or via email at [email protected] to discuss your particular circumstances.

Applications for the above grants close midnight 31 March 2022.