In response to the COVID-19 pandemic and its significant impact on local businesses, community organisations, industry sectors and jobs, the South Australian Government announced the establishment of two funds to support businesses, jobs and community organisations:
- Business and Jobs Support Fund
- Community and Jobs Support Fund
The Funds have supported a range of businesses and community organisations during the COVID-19 restrictions and with the vaccine roll-out now commencing, the funds have been combined to create the COVID-19 Support Fund.
A priority for the COVID-19 Support Fund remains the ongoing survival of entities and minimising job losses.
The COVID-19 Support Fund also supports industry sector and economy-wide recovery programs. Funding is not intended to be used to support individual business expansion plans, but is targeted towards recovery in sectors and across the economy.
Total funding provided to the COVID-19 Support Fund is $795 million. Funding decisions already taken mean there is limited remaining capacity in the Fund.
Any queries in relation to the COVID-19 Support Fund or submissions seeking Government assistance from the COVID-19 Support Fund can be lodged at: COVID -19 Support Fund
COVID-19 Business Support Grant – July 2021
The South Australian Government has announced a July 2021 COVID-19 Business Support Grant Program to support thousands of South Australian small and medium-sized businesses that suffer a significant loss of income or have been forced to close as a result of the restrictions imposed from 20 July 2021.
Grants of $3,000 for employing businesses and $1,000 for non-employing businesses are available for eligible businesses whose turnover has declined by 30% or more as a result of the COVID‑19 health restrictions in the week commencing 20 July 2021.
To be eligible for the $3,000 grant a business must meet all criteria listed below, at the start of the restriction period of 12:01am Tuesday 20 July 2021:
Applications for the Business Support Grant must be submitted by 11:59pm, 30 September 2021.
To be eligible for the $1,000 grant, non-employing businesses will be subject to the eligibility criteria outlined above, excluding the requirement to employ people.
Where multiple non-employing businesses meeting the eligibility criteria are controlled by one individual, company, partnership, or trustee, funding will be restricted to one grant for all non-employing businesses controlled by the individual, company, partnership, or trustee.
Non-employing businesses are not eligible to apply if persons associated with the business, and who derive income from it, have applied for, or are receiving, the Commonwealth COVID-19 Disaster Payment.
Businesses will be required to declare that they have experienced a loss or reduction in turnover due to restricted trading conditions. They will not be required to provide any supporting information at the time of application but will be required to retain supporting information for 12 months that could be made available for audit and compliance purposes such as:
Applications for a Business Support Grant will close at 11:59pm on 30 September 2021.
Treasury will contact via email successful grant recipients from the 2020 Rounds 1 and 2 of the Small Business Grant (SBG) through the email address submitted by the business as part of the SBG application process, to advise them of the new Business Support Grant. The applications process for these businesses will be fast tracked and payments expedited where business details have not changed.
Applications are now being accepted
Applications are now being accepted through the Department of Treasury and Finance application portal.
Information for Businesses not meeting the $75,000 turnover criteria
The State Government will provide fully-funded income support payments of up to $600 per week for eligible workers in regional SA, who live or work outside of the Commonwealth-declared ‘Hotspot’ local government areas (and, therefore, not entitled to the Federal Government’s $375 or $600 per week support payments).
The $75,000 turnover test does not apply to this scheme and therefore many micro businesses will be eligible for this payment.
The payments will be paid in arrears for the lockdown and anyone affected can apply through myGOV from Wednesday, 28 July.
The Commonwealth’s COVID-19 Disaster Payment scheme provides $375 per week for those workers who have lost between 8 and less than 20 hours’ work, or have lost a full day of work, and $600 per week if a person has lost over 20 hours’ work.
More information on how to claim the Commonwealth COVID-19 Disaster Payment (including the matching income support payment for eligible SA individuals outside the Commonwealth declared hotspots) will be available on the Services Australia website https://www.servicesaustralia.gov.au/individuals/services/centrelink/covid-19-disaster-payment
Local Government Infrastructure Partnership Program
On 31 October 2020 the South Australian Government announced the Local Government Infrastructure Partnership Program to support councils to accelerate spending on community infrastructure projects that contribute to the future economic growth of their region, or support the Government’s Growth State agenda, or improve local infrastructure facilities for businesses and community organisations to enable them to grow in the future.
The South Australian Government commitment of $106.9 million will leverage an estimated total $270 million to $290 million investment in local government infrastructure.
Under the program, the State Government provided grants to councils for up to 50 per cent of the cost of approved infrastructure projects. Councils could fund their contribution either through their own reserves or borrowings. Infrastructure projects could include other funding partners, including the Commonwealth Government and/or local businesses.
Applications for the grant closed on 29 January 2021.
Applications were assessed by an independent panel comprising staff from the Office of Local Government and the Department of Treasury and Finance.
The list of successful grant recipients can be found here: LGIPP grant recipients (PDF, 210KB)
Any questions on the Program can be submitted to DTF on LGinfrastructuregrants@sa.gov.au
Residential Rental Grant Scheme - Second Round
The South Australian Government announced a second round of rental grants of up to $1,000 for residential landlords who reduced the rent of a tenant experiencing rental hardship due to the COVID-19 pandemic.
To be eligible for a second grant, an agreement needed to be in place (eg. revised rent agreement) that reflected that the landlord had provided rent relief to a tenant from 1 October 2020 and provided such relief before 30 March 2021 (inclusive).
Applications for the second round of rental grants closed on 30 March 2021.
Payroll tax relief
A number of payroll tax relief measures have been introduced to support businesses during the COVID-19 pandemic, including:
- An exemption of all Commonwealth JobKeeper payments from payroll tax.
- A 15 month waiver of payroll tax due over the period April 2020 to June 2021 (relating to the payroll tax return period March 2020 to May 2021) for businesses and business groups with annual Australian grouped wages below $4 million.
- a six month waiver of payroll tax due over the period January 2021 to June 2021 (relating to payroll tax return period December 2020 to May 2021) for businesses that are eligible for the extended Commonwealth JobKeeper payment from 4 January 2021.
- Up to a nine month deferral of payroll tax due over the period April 2020 to December 2020 for businesses with annual wages above $4 million adversely affected by COVID-19. Extended repayment arrangements for deferred payroll tax are also available.
- A 12 month payroll tax exemption for wages paid to eligible new apprentices and trainees who commence a relevant contract of training with an employer from 10 November 2020 to 30 June 2021.
Further information is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief
Land tax package
From July 2020, the South Australian Government’s significant land tax reforms began delivering $200 million in savings to investors and landlords over the next three years.
In addition, the Government has announced land tax relief measures to support residential and non-residential tenants and land owners impacted by COVID-19. These measures include:
- Residential and non-residential landlords can receive up to a 50 per cent reduction on their 2019-20 land tax liability on affected properties. There are two stages to the land tax relief measure for residential and non-residential landlords:
- * Period 1: 30 March 2020 to 30 October 2020
- * Period 2: 31 October 2020 to 30 April 2021
Each period is assessed separately, with up to 25 per cent relief on 2019-20 land tax liabilities for the relevant property available in each period. The land tax relief only applies if a reduction in rent is passed on to an eligible tenant in the relevant period of at least the same amount as the land tax relief, or if the landlord lost rent because of an untenanted property over the relevant period that was tenanted as at 31 March 2020.
Eligible non-residential tenants are businesses eligible for the Commonwealth JobKeeper payment in the relevant period with an annual turnover of not more than $50 million. Eligible residential tenants are tenants experiencing financial hardship due to COVID-19 in the relevant period.
- Commercial owner-occupiers who own the land where they operate their business are eligible to receive relief of 25 per cent off their 2019-20 land tax liabilities in period 2 (31 October 2020 to 30 April 2021). Relief is available where the business is eligible for the Commonwealth Government’s JobKeeper payment from 31 October 2020 and annual turnover is not more than $50 million.
- eligible taxpayers with an outstanding 2019-20 land tax liability can defer their 2019‑20 remaining land tax payments for up to six months.
- an increase to the existing land tax transition fund relief.
It was previously announced that transitional relief equivalent to 50% of the increase in a 2020-21 land tax assessment would be available to eligible taxpayers whose land tax bill had increased as a result of the changes in aggregation of land commencing from 1 July 2020.
This relief has been increased to 100% of the increase in an eligible taxpayer’s 2020-21 land tax assessment, subject to the existing criteria – saving some investors up to an additional $50,000.
Further information on the land tax relief measures is available at https://www.revenuesa.sa.gov.au/grants-and-concessions/covid19-relief
International Student Support Package
The Government is providing grant support for eligible international students in South Australia who have experienced financial challenges during the COVID-19 pandemic.
More information on support and eligibility can be found at:
Liquor licensing fees
The Government will provide a waiver of annual liquor licencing fees for 2020-21 for the following liquor licence categories:
- On Premises
- Restaurant & Catering
- Liquor Production & Sales
- Small Venue
Holders of a General and Hotel licence who have a bottle shop will receive reduced fees, or a full waiver if they do not have a bottle shop.
Packaged Liquor Sales licence fee will not be reduced or waived. Licensees who believe that they should receive a discount may still apply for a fee reduction through the CBS website from 1 June.
For further information please visit https://www.cbs.sa.gov.au/liquor-licence-holders-and-covid-19#
Cost of living concession
The Government is providing a once off boost of $500 and bought forward the 2020-21 Cost of Living Concession for households who are receiving the Centrelink JobSeeker Payment, assisting those who are unemployed or lose their jobs as a result of the coronavirus restrictions.
For eligible homeowners, their 2020-21 payment of $215.10 will now become $715.10. Eligible tenants will receive $607.60.
For further information available at https://www.sa.gov.au/topics/care-and-support/concessions-and-grants/concessions
Economic and Business Growth Fund
The Government has announced increased funding for the Economic and Business Growth Fund under its $4 billion economic stimulus package. The Economic and Business Growth Fund was established in 2018 to promote economic growth in South Australia by encouraging growth of existing industries, developing new industries, building international connections, and attracting foreign and national direct investment. Funding support is primarily targeted to support industry or sector wide led initiatives which improve the overall productivity and competitiveness of an industry sector or subsector.