WA Small Business Hardship Grants Now Available for More Businesses
The WA Government has extended the Level 2 COVID-19 Assistance Package to broaden the eligibility requirements and make more businesses eligible for these payments.
A new tiered grant is available through the Small Business Hardship Grants Program to businesses that have experienced a minimum 30% reduction in turnover over any consecutive two-week period between 1 January 2022 and 30 April 2022, relative to the same period last year.
Businesses that qualify are eligible for a grant of between $3,750 and $50,000 depending on the percentage turnover decrease and the number of employees.
To be eligible for the Small Business Hardship Grants, businesses must:
- Have a valid and active Australian Business Number (ABN).
- Have an Australia-wide payroll of less than $4 million.
- Have an annual turnover of more than $50,000, excluding GST.
- Be able to demonstrate at a minimum a 30% reduction in turnover for any consecutive two-week period between 1 January 2022 to 30 April 2022, compared to the equivalent period in 2021*.
*An alternative period in 2021 may be used if the business did not operate at that time or it provides an inaccurate representation of the business’ financial situation.
Applications close at 4pm on Thursday 30 June. We encourage all small businesses impacted by COVID-19, including those who did not qualify under the original criteria to check their eligibility and apply online.
Please contact our office on (08) 6212 7200 if you would like to speak to us regarding the Small Business Hardship Grants Program, or find out more here.
