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2021 COVID-19 Business Support Grants For Lockdown-Impacted Businesses In Queensland

You may be eligible to receive a grant, based on the payroll size of your eligible business in Queensland.  This grant may be used for business expenses.

Initially the grant was $5,000 however this has been increased to $10,000 for businesses with payroll below $1.3 million and $15,000 for businesses with payroll between $1.3 million and $10 million.

To be eligible, your business must:
employ staff (employees must be on your payroll and does not include any business owners)
have an ABN continuously held from 30 June 2021
be registered for GST
have Queensland headquarters
not be insolvent, or have owners or directors that are insolvent or an undischarged bankrupt
have an annual turnover of over $75,000 during any of the 2018–19, 2019–20 or 2020–21 financial years
demonstrate the business was directly or indirectly impacted by a lockdown event in July/August 2021
demonstrate or declare a reduction in turnover of 30% or more during a nominated 7-day period.  NOTE: This must include at least 1 full day of a lockdown event when comparing against turnover achieved during the same 7-day period in July or August 2019

The information in this blog is intended only to provide a general overview and has not been prepared with a view to any particular situation or set of circumstances. It is not intended to be comprehensive nor does it constitute advice. While we attempt to ensure the information is current and accurate we do not guarantee its currency and accuracy. You should seek professional advice before acting or relying on any of the information in this blog as it may not be appropriate for your individual circumstances.

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