Franchisees and Franchisors who operate a business in South Australia may be eligible for the $10,000 Emergency Cash Grant.
The $10,000 Emergency Cash Grant is part of the South Australian government’s $650 million Jobs Rescue Package.
To be eligible, a business will need to:
- have an Australian Business Number;
- have been carrying on business in South Australia as at 1 March 2020;
- have an annual turnover of more than $75,000 (excluding GST);
- have total Australian payroll of less than $1.5 million (and not be entitled to a payroll tax waiver under COVID-19 support measures introduced by the South Australian government1);
- have been subject to closure or highly adversely impacted by COVID-19 related restrictions.
A business is considered to have been adversely impacted by COVID-19 related restrictions if it is eligible for the Federal Government’s JobKeeper Payment Scheme.2
If the business has received any other grants from the South Australian government to assist with the impacts of COVID-19, the value of those payments will be deducted from the $10,000 Emergency Grant.
If you wish to apply for the $10,000 Emergency Grant click here.
Call Us on 1300 830 830 if you require any advice or assistance in relation to the impact of COVID-19 on your business
The information in this article is general in nature and is not intended to address the circumstances of any person or other entity. Although we do our best to provide timely and accurate information, we do not guarantee that the information in this article is accurate or that it will continue to be accurate in the future.
- A business will not be eligible for the $10,000 Emergency Grant if it is part of a group of companies registered for payroll tax and it will receive the payroll tax waiver.
- Read our post on The JobKeeper Payment Scheme
- Posted by Ana Haarsma
- On April 23, 2020
- 0 Comments