News
2021 COVID-19 Business Support Grant Requirements
Posted: 17 August 2021
The Queensland Government announced a $5,000 Business Support Grant for those impacted by the lockdown from Saturday, 31 July 2021. Your business does not have to be in the local government areas locked down to be impacted by it.
How to apply
Applications open 12pm (midday), 16 August 2021.
You will need to apply online with supporting evidence through the Queensland Rural and Industry Development Authority (QRIDA) portal.
Eligibility
To be eligible, your business or not for profit organisation must:
- employ staff (employees must be on your payroll and does not include any business owners)
- be registered for GST
- have Queensland headquarters (i.e. your principal place of business is located in Queensland) and have been trading in Queensland on 31 July 2021
- have an annual payroll of not more than $10 million
- have an annual turnover of over $75,000 during any of the 2018–19, 2019–20 or 2020–21 financial years
- demonstrate the business or not for profit organisation was directly or indirectly impacted by a lockdown event
- demonstrate or declare a reduction in turnover of 30% or more during a nominated 7-day period compared to the same period in 2019 by either
- Provide an accompanying Independent Financial letter in the correct format from a qualified accountant or
- Financial documents such as BAS returns, ATO records, sales turnover, payroll to prove that you meet the business criteria and have had a 30% drop in revenue.
You can also use the online eligibility checker.
How we can help
If you would like us to prepare the Accountants supporting letter we will advise the cost upfront. We will be applying a 30% discount to the fee.