No images? Click here

 

10 September 2021

COVID GRANTS EXPIRING SOON - SEPTEMBER 2021

 

Synstrat Update - September 2021

It can be difficult to keep up to date with the changes to the Federal and State Government payments available to businesses and individuals at the moment and, as always, some are expiring soon. If you think there is a grant that you may be eligible for, but you haven’t applied yet, get in touch for help with your application.

A summary of the State Grants which expire soon, and their respective application links are listed here:

Victoria

Covid Hardship Grant

  • $20,000 (increased from $14,000 on 4th September 2021)
  • Expires 10th September 2021

Business Costs Assistance Program

  • $2,800 per week from 4 September 2021
  • No current expiry date – this may take a while!

Small Business Digital Adaptation Program

  • Reimbursement of upgrade websites, start online marketing, improve cashflow etc (includes adoption of online accounting software) of up to $1,200
  • Expires 5th December 2021

NSW

COVID-19 Business Grant (covers 26 June to 17 July 2021)

  • $7,500, $10,500 or $15,000 depending on size of decline in turnover
  • Expires 1 October 2021

JobSaver Payment (covers 18 July 2021 onwards)

  • Employing businesses: 40% of pre-COVID weekly payroll, $1,500 > $100,000 per week.
  • Non-employing businesses: $1,000 per week.
  • Expected to expire 18th October 2021

Micro Business Grant

  • Turnover $30,000 >$75,000 p.a
  • $1,500 fortnight
  • Expires 18th October 2021

South Australia

COVID-19 Business Support Grant July 2021

  • $3,000 for employers
  • $1,000 for non-employers
  • Expires 30th September 2021

COVID-19 Business Support Grant 28 July to 10 August 2021

  • $3,000 for employers
  • $1,000 for others
  • Extra $1,000 for those in CBD
  • Expires 17th October 2021

Queensland

COVID-19 Business Support Grants

  • $5,000
  • Expires 16th November 2021

COVID-19 Business Support Grants – Top up

  • At least $5,000 for employers
  • $1,000 sole traders & non-employing entities
  • Expires 30th November 2021

ACT

COVID-19 Business Support Grants

  • Up to $20,000 for employers
  • Up to $7,500 for non-employers
  • Expires 7th October 2021

Tasmania

Border Closure Critical Support Grant

  • From $1,000 up to $10,000
  • Expires 23rd September 2021

 

There are a range of other grants and payments available from the various states however many do not apply to our client base and have been left off this table.

For many of the above grants, a letter from your accountant is required to confirm the reduction in your turnover. These letters are quite straightforward however there can be a bit of time taken to verify the calculations. We encourage you to contact us as soon as possible if you are yet to make a claim and think that you are eligible.

For those who are ineligible for the grants listed above, but have lost more than 8 hours of work each week due to the movement restrictions, the COVID-19 Disaster Payment is still available from Services Australia (via your MyGov account) at a rate of at least $450 per week – tax free.

Please reach out to your contact at Synstrat if you need to discuss your eligibility for any of these grants.

Best wishes,

The Synstrat Team

The Synstrat Group provides Business Advice, Accounting and Financial Services.

Prepared by Synstrat Accounting Pty Ltd for clients of Synstrat Group.

Liability Limited by a scheme approved under Professional Standards Legislation

www.synstrat.com.au

Synstrat Accounting Pty Ltd
PO Box 14, 660 Doncaster Rd,,
Doncaster, Victoria 3108

P.  03 9843 7777
F.  03 9843 7799
E. office@synstrat.com.au 

ACN 053 416 149
ABN 44 525 452 676

 

If you are not the intended recipient of this communication please delete and destroy all copies of this message and telephone Synstrat on +61 3 9843 7777 immediately. If you are the intended recipient of this communication you should not copy, disclose or distribute this communication without the authority of Synstrat. Any views expressed in this communication are those of the individual sender, except where the sender specifically states them to be the views of Synstrat. If you do not wish to receive this email in future, please reply to the sender requesting termination of service.

 
 
 
 
Preferences  |  Unsubscribe