With the increasing number of COVID-19 cases and implementation of Level 1 and Level 2 Public Health and Social Measures, WA government has announced new COVID-19 Business Assistance Packages for the businesses adversely affected thereof.
At present there are mainly three Business Assistance Packages available. A quick summary is as below:
Small Business Assistance Grant – December 2021
Available to small businesses operating within the hospitality sector, the music and events industry or creative and performing arts sector who were directly impacted by the Chief Health Officer’s COVID Restrictions from 23 December 2021 to 4 January 2022. Applications are now open and closes on the 31st of March 2022.
Small Business Rental Relief Package (part of Level 1 COVID-19 Business Assistance Package)
Tenant Rent Relief Scheme (*Applications are open now for this)
Small Business tenants can apply for rental relief grants of $3,000.
Have an annual turnover of more than $50,000.
Landlord Rent Relief Incentive
Landlords who voluntarily match the Government’s Tenant Rent Relief payments of $3,000 per tenant will be eligible for an incentive payment of $1,500.
Landlords have provided rent relief of $3,000 to small business tenants that:
experience a 30 percent reduction in revenue for any four-week consecutive time frame between 1 January 2022 to 30 April 2022, compared to the equivalent period in 2021.
Alfresco support package
Small businesses in the hospitality sector may be eligible for up to $5,000 reimbursement of eligible costs associated with creating and expanding an alfresco area to meet the requirements of public health and social measures.
Small Business Hardship Grants Program (Part of level 2 COVID-10 Business Assistance Package)
*Application opens from 17 March 2022.
Have a valid and active Australian Business Number (ABN).
Payments to eligible businesses will be according to business size:
For further information, please feel free to visit the WA Government website at https://www.smallbusiness.wa.gov.au/coronavirus/grants
If you are one of the small businesses impacted by level 1 and level 2 Public Health and Social Measures, please feel free to contact your trusted advisor at Vivid Partners.
Phone: 08 6270 2876