COVID-19 Business support grants open today at 12noon
Perrier Ryan • August 15, 2021
Applications for the 2021 COVID-19 Business Support Grants will open at 12noon today - Monday 16 August 2021.
Applications for these grants will remain open for three months and Guidelines on how to apply are now available at: www.business.qld.gov.au/supportgrant.
The grants will provide $5000 to employing small and medium businesses and large businesses in the hospitality and tourism sectors across Queensland that have been impacted by the recent SEQ or Cairns lockdowns - subject to those businesses meeting the criteria of a 30% reduction in turnover as a result of the lockdowns as well as meeting other eligibility criteria. Check your eligibility here.
Importantly:
- Creating a QRIDA profile is the first step in the application process - so if you don't have one and wish to apply for a grant, you will need to create a QRIDA profile prior to applying. Step by step instructions on how to create a QRIDA (Queensland Rural and and Industry Development Authority) portal profile are available at: www.business.qld.gov.au/supportgrant - along with answers to FAQs. You can create your QRIDA profile here now.
- eligible businesses who apply for a grant during the 3-month application period will receive a grant - and businesses or NFP organisations do not have to be located in one of the lockdown areas to be eligible.
The rush toward end of financial year is on us - here are a couple of important things to consider at this time: Maximise your Super One key opportunity in your superannuation strategy is to make the most of your Concessional Contributions - but get them in before 23 June 2025 to ensure they're processed in time. Another valuable opportunity is the carry-forward contributions - remembering that unused cap amounts from the 2019-2020 FY will expire after 30 June 2025 - so this is your last chance to use them. Take Advantage of the $20,000 instant asset write-off before 30 June 2025 If you're a small business owner, now is the time to consider investing in new equipment or assets. The $20,000 instant asset write-off has been extended for the 2024–25 financial year — but it expires on 30 June 2025 and there is currently no confirmed extension beyond this date. This applies to assets that are first used or installed ready for use between 1 July 2024 and 30 June 2025. For more, see our attached information , or, call the office - 3391 7566
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