COVID-19 What Can Businesses Do Now
In response to the many enquiries that we have received in these extremely challenging times for all businesses in our region, we have been collating and distributing information as it has been made available.
The majority of enquiries are from businesses unsure of what their next move should be and how they might review and prepare their business for the challenges moving forward.
Below is a guide we have put together to assist business work through “What can small businesses do now” which includes some practical steps to assist with your business review. Below is a link to a video by Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman verbalising similar areas for consideration.
Australian Government JobKeeper Payment
The Government’s JobKeeper Payment will help keep more Australians in jobs and support businesses affected by the significant economic impact of the coronavirus.
On 21 July 2020, the Government announced it is extending the JobKeeper Payment until 28 March 2021 and is targeting support to those businesses who continue to be significantly impacted by the Coronavirus.
From 28 September 2020, the JobKeeper Payment will be targeted to businesses that have been most significantly impacted, the payment rates will be stepped-down and two tiers of payment will be introduced. Information about the operation of the JobKeeper Payment is available on the ATO website.
Further changes were announced on 7 August 2020 to adjust the reference date for determining employee eligibility and make it easier for organisations to qualify for the JobKeeper Payment extension.
From 28 September 2020, businesses and not‑for‑profits seeking to claim JobKeeper Payments are required to reassess their eligibility for JobKeeper with reference to their actual turnover. The JobKeeper Payment is available to qualifying businesses from 28 September 2020 until 28 March 2021.
The ATO is administering the JobKeeper Payment and detailed information and guidance on JobKeeper is available on the ATO website.
If you require assistance working through the process please contact one of our team and we will be happy to assist.
SA Government Small Business Grants
The Small Business Grant program provides support to South Australian small businesses that are highly impacted by the COVID-19 pandemic.
The first round of Small Business Grants opened 21 April 2020 and closed 1 June 2020.
The second round of Small Business Grants includes $10,000 grants for eligible small businesses that employ staff and are receiving JobKeeper from 28 September 2020.
The second round also introduces $3,000 grants for small businesses that do not employ staff, are operating from commercial premises, and are receiving JobKeeper from 28 September 2020.
More information is available from
- Australian Government Fact Sheet - Delivering Support for Business Investment
- Smart Company Advice for the Self-Employed