COVID-19 Disaster Payment for individuals
Following the QLD Government’s announcement of lockdown measures for 11 local government areas on 31 July 2021, affected individuals may be able to access the Commonwealth’s COVID-19 Disaster Payment by 7 August 2021.
Individuals will be able to receive $750 if they have lost 20 or more hours of work in each weekly period during lockdown. Those who lose between 8 and 19 hours will be entitled to receive $450. Further eligibility requirements will apply and these will be released in the coming days.
The payments will be administered through Centrelink and further information is available at https://www.servicesaustralia.gov.au/individuals/services/centrelink/covid-19-disaster-payment.
2021 COVID-19 Business Support Grants
Following the QLD Government’s announcement of lockdown measures for 11 local government areas on 31 July 2021, businesses affected by the lockdown may be able to access the QLD State Government’s 2021 COVID-19 Business Support Grants.
Initially, $5,000 grants will be made available to small and medium businesses (i.e., businesses with turnover above $75,000 with payroll in Queensland of less than $10 million) across Queensland impacted by the Queensland COVID-19 lockdown that commenced on Saturday 31 July 2021, as well as lockdowns in place in other states.
Your business needs to have a Queensland headquarters to be eligible and must show or declare a reduction in turnover of 30% or more for a 1-week period that includes at least 1 full day of the:
- South East Queensland lockdown commencing 31 July 2021;
- the Cairns and Yarrabah lockdown commencing 8 August 2021; or
- any other lockdown in Queensland in August 2021.
Tiered payments based on payroll size will be made available to eligible businesses across Queensland under the joint Queensland and Australian Government support package. Details of how these additional payments will be made will be available shortly. These payments include an additional:
- $5,000 one-off, top up to small businesses with payroll of less than $1.3 million (bringing total grant available to $10,000)
- $10,000 one-off, top-up grant to medium sized businesses with payroll of greater than $1.3 million and up to $10 million (bringing total grant available to $15,000)
- $25,000 one-off, top-up grant to large sized tourism and hospitality businesses with payroll of greater than $10 million (bringing total grant to $30,000).
Grants are also available for large businesses in the hospitality and tourism sector operating in the 11 local government areas locked down, subject to meeting eligibility criteria.
Applications are open and can be made online at https://www.business.qld.gov.au/starting-business/advice-support/grants/covid19-support-grants. It is expected that payments will be made within 2 weeks of an application being approved.
2021 COVID-19 Business Support Grants – non-employing sole traders
A one-off $1,000 grant to non-employing sole traders across Queensland has been announced under the joint Queensland and Australian Government support package.
If you are a Queensland-based non-employing sole trader who has experienced a decline in turnover of more than 30% due to the South East Queensland lockdown commencing 31 July 2021 or the Cairns and Yarrabah lockdown commencing 8 August 2021, you may be eligible for this grant.
Further information about the eligibility requirements will be available shortly. Register your interest at https://qldtreasury.syd1.qualtrics.com/jfe/form/SV_8p6Pl1s2QbI7hUq.
An Important Message
While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.