The Commonwealth and ACT governments on Thursday 30.9.2021, jointly announced a further package of COVID-19 grants for small and medium-sized businesses through until mid-October, at which point the ACT is expected to reach 80% vaccination.
- An additional ACT COVID-19 Business Grant Extension payment of $10,000 will be made available for all employing businesses (and $3,750 for non-employing businesses) who were eligible for the COVID-19 Business Support Grant in industries still significantly impacted by health restrictions.
- In addition, another top-up payment will be available for larger employing businesses – $10,000 (for turnover of $2m-$5m); $20,000 (for turnover $5m-$10m); and $30,000 (for turnover $10m or more).
- It was also announced that the COVID-19 Tourism, Accommodation Provider, Arts, Events, Hospitality & Fitness Grants program will be expanded with grants for non-employing businesses ranging from $5,000 to $25,000 (depending on turnover).
- The eligibility criteria for the COVID-19 Tourism, Accommodation Provider, Arts, Events, Hospitality & Fitness Grants program will continue to match the eligibility criteria for the COVID-19 Business Support Grant.
- Further information on this grant will be made available in October 2021. [LTN 189, 30/9/21]
[Tax Month – September 2021] 3.10.21