top of page
Search
The Insight Company

Applications open today at 12pm, 16 August 2021 for the 2021 COVID-19 Business Support Grant

Your business may be eligible for financial support through the 2021 COVID-19 Business Support Grants. $5,000 grants will be available to eligible small and medium businesses and not for profit organisations, and large tourism and hospitality businesses and not for profit organisations across Queensland affected by the August 2021 COVID-19 lockdowns.


Available Funding

Eligible applicants will receive grant funding of $5,000. The grant provides relief and support to businesses in recognition of the cumulative impact of short, sharp lock downs in Queensland.


Who Can Apply


Employing Queensland Small and Medium Businesses and Not for Profit Organisations


To be eligible, you:

  • must employ staff (employees must be on your payroll and does not include any business owners)

  • have a Queensland headquarters

  • must have an annual turnover of more than $75,000

  • must have an annual payroll in Queensland of not more than $10 million

  • must show or declare a reduction in turnover of 30% or more for a 1 week period that includes at least 1 full day of the:

  • South East Queensland lockdown from 31 July 2021 to 8 August 2021

  • the Cairns and Yarrabah lockdown from 8 August 2021 to 11 August 2021

  • any other lockdown in Queensland in August 2021.


Employing Queensland Large tourism and hospitality businesses and not for profit organisations


To be eligible, you:

  • must employ staff (employees must be on your payroll and does not include any business owners)

  • have a Queensland headquarters

  • must operate in the tourism and hospitality sector – check the ANZSIC codes for your eligibility

  • must have an annual turnover of more than $75,000

  • must have an annual payroll in Queensland of more than $10 million

  • must show or declare a reduction in turnover of 30% or more for a 1 week period that includes at least 1 full day of the:

  • South East Queensland lockdown commencing 31 July 2021

  • Cairns and Yarrabah lockdown commencing 8 August 2021 or

  • any other lockdown in Queensland in August 2021.


Eligibility Checker

Use the eligibility checker to test your eligibility.


Supporting Evidence Requirements


Reduction in Turnover of 30% or More

You must demonstrate or declare you have experienced a reduction in turnover of 30% or more over a nominated 7-day period (including at least 1 full day of a lockdown event) compared against the same 7 day period in July/August 2019. If the 2019 period doesn't indicate a typical weekly turnover, include another nominated 7-day period (e.g. the same period in July/August 2020). Provide the following evidence to demonstrate:

  • direct impact: complete a declaration in your application

  • indirect impact:

  • submit sales turnover information from your business records for the relevant periods or

  • rely on a dated letter on letterhead issued by a member of CPA Australia, Chartered Accountants Australia & New Zealand, Institute of Public Accountants, registered tax agent or registered BAS agent.


Employ Staff

You must demonstrate you employ staff (in addition to the business owners and be employed on the business's payroll). Evidence may include:

  • business financial statements, business payroll records, payroll tax return information or

  • a dated letter on letterhead issued by a member of CPA Australia, Chartered Accountants Australia & New Zealand, Institute of Public Accountants, registered tax agent or registered BAS agent.


Annual Payroll up to $10 million

You must demonstrate an annual payroll up to $10 million during any of the 2018-19, 2019-20 or 2020-21 financial years (except for large tourism and hospitality businesses and not for profit organisations operating in an identified tourism and hospitality sector). Evidence may include:

  • business payroll records, payroll tax return information or

  • a dated letter on letterhead issued by a member of CPA Australia, Chartered Accountants Australia & New Zealand, Institute of Public Accountants, registered tax agent or registered BAS agent.


Annual Turnover of over $75,000

You must demonstrate annual turnover of over $75,000 during any of the 2018-19, 2019-20 or 2020-21 financial years. Evidence may include:


  • BAS statements or Australian Taxation Office records or

  • a dated accountant letter on letterhead from a member of CPA Australia, Chartered Accountants Australia & New Zealand, Institute of Public Accountants, registered tax agent or registered BAS agent.


Trading Location

To verify your trading location, you may provide:

  • publicly available web information to identify your business operations (e.g. website or social media pages) or

  • utility bills for the business location.


How to Apply

Applications will open 12pm (midday), 16 August 2021 and will close after three months on 16 November 2021.


You will need to apply online with supporting evidence through the Queensland Rural and Industry Development Authority (QRIDA) portal.


Applications, unless in exceptional circumstances, must be submitted by applicants and not by third parties.

As always, we are here to help, if you have any questions in relation to the 2021 COVID-19 Business Support Grants, please contact our office on +61 5443 1432.




Comments


bottom of page