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2021 COVID-19 grants for Queensland businesses

peterhetherington_img1-1
Published by:
Peter Hetherington
Published on:
August 24, 2021
Modoras Accounting (QLD) Pty Ltd ABN 81 601 145 215
QLD 2021 COVID-19 Business Support Grant

The Queensland Government has released the eligibility criteria for its 2021 COVID-19 Business Support Grants for lockdown-impacted businesses in the state.

If your business or not-for-profit (NFP) organisation’s turnover fell at least 30% because of the August 2021 lockdowns, you may be eligible for a grant.

The grants, which may be used for business expenses, are being jointly funded by the Queensland and Commonwealth governments.

Also, financial support is available for lockdown-impacted Queensland workers through the Commonwealth government’s national COVID-19 Disaster Payment.

Lockdown events

The lockdown events and impacted areas include:

South East Queensland lockdown — 31 July to 8 August 2021

The 11 local government areas locked down were:

  • Brisbane City Council
  • Gold Coast City Council
  • Ipswich City Council
  • Lockyer Valley Regional Council
  • Logan City Council
  • Moreton Bay Regional Council
  • Noosa Shire Council
  • Redland City Council
  • Scenic Rim Regional Council
  • Somerset Regional Council
  • Sunshine Coast Regional Council.

Cairns and Yarrabah lockdown — 8 August to 11 August 2021

The two local government areas locked down were:

  • Cairns Regional Council
  • Yarrabah Aboriginal Shire Council.

Your business doesn’t have to be located a lockdown area, but you must have experienced at least a 30% reduction in turnover as a result of a lockdown.

Who can apply?

Eligibility criteria for employing businesses

To be eligible, your business or NFP organisation must:

  • employ staff (employees must be on your payroll; excludes any business owners)
  • have an Australian business number (ABN) continuously held from 30 June 2021
  • 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
  • not be insolvent or have owners or directors that are insolvent or an undischarged bankrupt
  • have an annual payroll of not more than $10 million (except for large businesses and NFP organisations operating in an identified tourism and hospitality sector) during any of the 2018–19, 2019–20 or 2020–21 financial years
  • have an annual turnover of more than $75,000 during any of the 2018–19, 2019–20 or 2020–21 financial years (new businesses can provide financial records to show they will reasonably meet this turnover requirement in the 2021–22 financial year)
  • demonstrate the business or NFP organisation was directly or indirectly impacted by a lockdown event
  • demonstrate or declare a reduction in turnover of 30% or more during a nominated seven-day period
    • this must include at least one full day of a lockdown event when comparing against turnover achieved during the same seven-day period in July or August 2019, or
    • if the 2019 period does not indicate a typical weekly turnover (e.g. for a new business or one that has experienced structural changes), include another comparable period (e.g. the same period in July/August 2020).

To be eligible, large tourism and hospitality businesses and NFP organisations must be operating under the relevant (Australian and New Zealand Standard Industrial Classification, or ANZSIC, code).

Eligibility criteria for non-employing sole traders

To be eligible, you must:

  • be an individual operating as a sole trader (this can include a non-employing business operating through a company, partnership or trust structure)
  • not employ staff
  • have a current Australian business number (ABN) continuously held since 30 June 2021
  • be registered for GST
  • have a principal-place-of-business address in Queensland and have been based and trading in Queensland on 31 July 2021
  • not be insolvent, or have owners, directors, partners or trustees that are insolvent or an undischarged bankrupt
  • have an annual turnover of more than $75,000 during any of the 2018–19, 2019–20 or 2020–21 financial years
    • if you haven’t been trading for a full financial year, you can provide financial records to show you’ll reasonably meet this turnover requirement in the 2021–22 financial year
  • have been required to stop operating or had limited operations because of a Queensland lockdown event — or been affected by a Queensland lockdown event — during a nominated seven-day period (this must include at least one full day of a lockdown event)
  • declare a reduction in turnover of 30% or more during the nominated seven-day period
    • when comparing against turnover achieved during the same 7-day period in 2019, or
    • if the business was not trading during the same period in 2019 or the 2019 period does not indicate a typical weekly turnover, another comparable seven-day period can be used.

You will not be eligible for the grant if:

  • your income is solely made up of any of the following:
    • earnings from rental properties
    • interest earned on investments
    • dividends
  • you have received an Australian Government COVID-19 Disaster Payment
  • you have received or are eligible for another COVID-19 business support grant.

How much is available?

Business TypePayroll SizeAvailable Funding
Small businesses and not-for-profit organisationsLess than $1.3 million$10,000
Medium businesses and not-for-profit organisations$1.3 million to $10 million$15,000
Large tourism and hospitality-focused businesses and not-for-profit organisationsMore than $10 million$30,000
Non-employing sole traders based in Queenslandn/a$1,000

When can I apply?

Applications for most businesses opened on 16 August 2021 and close on 16 November 2021.

If you’re a sole trader, applications open in September; register your interest.

How do I apply?

You’ll need to apply online with supporting evidence.

Before applying, you’ll need to create a QRIDA profile login (if you don’t already have one).

More information

For more information, visit the state government’s 2021 COVID-19 Business Support Grants for lockdown-impacted businesses in Queensland web page.

COVID-19 Disaster Payment

This payment is intended to support workers in every state and territory who lose hours due to a state government lockdown or public health order.

The weekly payment varies according to the hours of work lost, as follows:

Work lost per weekWeekly Payment
20 hours or more $750
8 to less than 20 hours, or a full day$450

For more information, visit Services Australia’s COVID-19 Disaster Payment web page.

Need help?

Applying for a government support grant can be daunting. We can help you confirm your eligibility for assistance, prepare your funding application, give you Government funding advice and help you secure the longevity of your business during these turbulent times.
Contact us at 1300 888 803 or info@modoras.com. We’ll take care of you.

IMPORTANT INFORMATION: This blog has been prepared by Modoras Accounting (QLD) Pty. Ltd. ABN 81 601 145 215. The information and opinions contained in this blog is general information only and is not intended to represent specific personal advice (Accounting, taxation, financial, insurance or credit). No individuals’ personal circumstances have been taken into consideration for the preparation of this material. The information and opinions herein do not constitute any recommendation to purchase, sell or hold any particular financial product. Modoras Accounting (QLD) Pty. Ltd. recommends that no financial product or financial service be acquired or disposed of or financial strategy adopted without you first obtaining professional personal financial advice suitable and appropriate to your own personal needs, objectives, goals and circumstances. Information, forecasts and opinions contained in this blog can change without notice. Modoras Accounting (QLD) Pty. Ltd. does not guarantee the accuracy of the information at any particular time. Although care has been exercised in compiling the information contained within, Modoras Accounting (QLD) Pty. Ltd. does not warrant that the articles within are free from errors, inaccuracies or omissions. To the extent permissible by law, neither Modoras Accounting (QLD) Pty. Ltd. nor its employees, representatives or agents (including associated and affiliated companies) accept liability for loss or damages incurred as a result of a person acting in reliance of this publication. Liability limited by a scheme approved under Professional Standards Legislation.

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