The South Australian government has recently released a $10,000 Cash Grant for small and medium businesses, there are a few restrictions beyond the Federal Government JobKeeper program which will need to be met before qualifying for the Grant.
Key Criteria Needed to Qualify for the Grant
You must qualify for the Federal Governments JobKeeper Incentive
Have an annual turnover of more than $75,000 (GST exclusive)
Have an annual payroll of less than $1.5 million, and not be entitled to a payroll tax waiver
Register for the COVID-19 Small Business Grant Program
There are some other requirements but if the criteria mentioned above are met you should certainly register your interest and look out for emails from Treasury SA as they are received.
For details of the entire document please see the link below to the Treasury SA website.
Treasury SA – $10,000 Emergency Cash Grant Information
Please do not hesitate to contact us if you have any further queries regarding the above, we will stay on top of any new announcements and provide updates as they become available.
If you have missed any of our previous Government Incentive updates please go to our LinkedIn page: Follow TTO on LinkedIn