GRANTS FOR SALON OWNERS ACROSS AUSTRALIA

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Posted April 22, 2020

HABA understands that these are the most trying of times for salon owners across the country, with our beauty salon owners forced to close and our hairdressers facing an uncertain future in the coming days and months. All small business owners are struggling to make ends meet and there are a number of different ways that state and federal governments are tackling economic hardship during the Corona Virus Crisis.

 

State governments particularly are offering a suite of grants for small businesses, including salons, to ensure that they stay afloat during these unprecedented times. Below HABA have broken down the grants available state-by-state to ensure that salon owners know what support measures are available to them in their business location. Together we can get through this.

 

For personalised advice on your business and what government measures you are applicable for during the Covid-19 Crisis, HABA Members can call our team of legal specialists on (02) 9221 9911 and press option 2. Alternatively, you can email info@askhaba.com.au and one of our team will be in touch as soon as they possibly can. Please bear in mind that this is a time of extremely high demand for HABA, and allow time for us to respond to your request.

 

 

NEW SOUTH WALES

 

Thousands of small businesses across NSW struggling to cope with the COVID-19 shutdown will receive grants of up to $10,000 under a new assistance scheme.

 

To be eligible, businesses will need to:

• Have between 1-19 employees and a turnover of more than $75,000;
• A payroll below the NSW Government 2019-20 payroll tax threshold of $900,000;
• Have an Australian Business Number as at 1 March 2020, be based in NSW and employ staff as at 1 March 2020;
• Be highly impacted by the Public Health (Covid-19 Restrictions on Gathering and Movement) Order 2020issued on 30 March 2020;
• Use the funding for unavoidable business costs such as utilities, overheads, legal costs and financial advice;
• Provide appropriate documentation upon application.

Applications for a small business grant of up to $10,000 will be available through Service NSW within a fortnight and remain open until 1 June 2020.

 

 

VICTORIA

City of Melbourne

The City of Melbourne specifically is offering grants for Small and Medium Enterprises, totalling $5 million.

Up to $2,000 is available for training and professional development; up to $5,000 is available for investing in online and e-commerce activities; and up to $10,000 is available in dollar-for-dollar funding for capital works projects, to adapt to the changing conditions.

Businesses can apply for the grants here.

 

Business Support Fund applications open

The Victorian Government has launched the $500 million Business Support Fund to support small businesses in the sectors hit hardest by the coronavirus (COVID-19) pandemic so they can survive and keep people in work.

Eligible businesses can apply for a one-off $10,000 grant which can be used towards costs such as utilities, rent and salaries, and activities to support business continuity planning.

https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-fund

 

 

Grants for small businesses

Small businesses that have been highly impacted by shutdown restrictions can now apply for a one-off $10,000 grant from the Victorian Government’s Business Support Fund.

Applications are open until 1 June 2020.

Grants can be used towards business costs such as rent, utilities and salaries, and activities to support business continuity planning, such as seeking financial and legal advice.

Visit www.business.vic.gov.au

 

 

 

QUEENSLAND

There are currently no grants available for QLD salon owners.

There are a number of financial relief options, which you can read more about in our blog next week.

 

 

WESTERN AUSTRALIA

The WA State Government is offering one-off grants of $17,500 to small and medium businesses.

 

This includes:

• Small and medium businesses whose annual Australian Taxable Wages are between $1 million and $4 million will receive a one-off grant of $17,500 to assist them to manage the impacts of COVID-19 coronavirus.

No applications are required. Grants will automatically be paid from July 2020, but there may be delays for taxpayers whose tax status changed during the 2018-19 assessment period or who commenced as new employers in 2018-19 and 2019-20.

 

 

TASMANIA

 

Business Continuity Grant

To assist small business fight the economic impact of COVID-19 and prepare the foundation to set Tasmania up for a rapid recovery when the pandemic eases, the Tasmanian Government has established the Business Continuity Program. Total available funds for eligible Tasmanian businesses is $ 700,000. Businesses can receive up to $750 toward the cost of engaging the services of a suitably qualified person to advice on business continuity planning.

 

Apply here > https://stategrowth.smartygrants.com.au/BusinessContinuityProgram

 

Small Business Emergency Support Grant Round 2

To ensure that we continue to be responsive to the current gaps and needs of Tasmanian small businesses, further support is available for Tasmanian businesses through the extension of the Small Business Emergency Grants.

Round 2 of the Emergency Support Grants with grants of $2,500 available to those businesses under severe hardship and who have not yet received funding under the first round.

For the purpose of this Round, the definition of small business has been lifted to having less than 25 FTE employees, and the eligibility is no longer limited to targeted areas sectors but is available to any small business experiencing severe hardship that meets the criteria of a loss in revenue* of greater than 30 per cent, or is likely to fall in the relevant month or quarter relative to their turnover in a corresponding period a year earlier.  For businesses impacted by bushfires in 2019, the corresponding period may be two years earlier.

* Revenue is calculated as ‘turnover’ is for GST purposes, and is reported on Business Activity Statements. It includes all taxable supplies and all GST free supplies but not input taxed supplies.

https://stategrowth.smartygrants.com.au/SmallBusinessEmergencyGrant2

 

Small Business Hardship Grant

Grants of $15 000 will be available and applications will be accepted from businesses that employ fewer than 50 FTEs.

Grants of will be available to those businesses that:

• can meet the hardship test *, and
• can demonstrate an ability to continue to operate in the current environment and provide products or services necessary for the Tasmanian or Australian community, or
• may need to temporarily cease operation but can demonstrate strong prospects for future jobs sustainment or growth.

Applications will be competitively assessed on an as need basis and at the discretion of the Department of State Growth.

* Note that the hardship test can be based on any months revenue decline. Applicants should provide a description in the allocated section to support their application.  Those businesses who were impacted by 2018/19 bushfires or fruit fly event can provide a description of the impact in the application and provide information from 2017/18 financial year to support their application.

Apply here > https://stategrowth.smartygrants.com.au/SmallBusinessHardshipGrants

 

 

SOUTH AUSTRALIA

 

The Jobs Rescue Package includes one off emergency cash grants of $10,000 for small businesses and not-for-profits that have suffered a significant loss of income or been forced to close as a result of necessary coronavirus-related restrictions.

 

To be eligible, business must:

• employ South Australians, and have an annual turnover of more than $75,000.
• have an annual payroll of less than $1.5 million.

It is understood that businesses cannot apply for the grant if they are eligible for the payroll tax waiver offering, however, it’s not clear at this time how this will work in practice.

A business will be eligible if it has had to close because of COVID-19 restrictions, or have had its operations severely affected.

 

 

Register your interest here > https://www.treasury.sa.gov.au/Growing-South-Australia/stimulus-measures-to-support-businesses-and-the-community-impacted-by-covid-19/registration

 

 

NORTHERN TERRITORY

 

The Small Business Survival Fund

The Small Business Survival Fund provides businesses significantly impacted by the coronavirus with funding to help them survive, adapt and prepare for the economic rebound.

Immediate survival payment of between $2000 and $50,000. Rapid adaption payment of between $2000 and $5000.

The payment amount depends on the size of the impacted workforce:

• $2000 for sole traders
• $5000 for businesses with 2 to 5 employees (FTEs)
• $20,000 for businesses with 6 to 19 employees (FTEs)
• $50,000 for businesses with more than 20 employees (FTEs)

 

To be eligible for this payment, businesses must be able to demonstrate:

• a reduction in turnover
• the impact of fixed costs
• an employment reduction

 

Apply here >

https://businessrecovery.nt.gov.au/businesses/small-business-survival-fund

 

Business improvement scheme

Earlier in the month, the government released a recovery plan, including a $20 million business improvement scheme.

Under the scheme, businesses will be eligible for grants of $10,000 for improving business premises. This can include new equipment, new fit-outs and physical changes to attract customers.

If they can also contribute $10,000 of their own, they will receive an additional $10,000, for a total of $30,000 funding.

The government is also offering assistance to businesses that have to physically adjust to new social distancing rules, although details of the support are not yet available.

It has also encouraged banks to be flexible in dealing with businesses; asked landlords to consider reducing or deferring rental payments for businesses; and called on the private sector to be flexible in their contract arrangements.

 

 

CANBERRA / ACT

 

There are currently no grants available for ACT salon owners.

There are a number of financial relief options, which you can read more about in our blog next week.

 

 

Grants offer salon owners a fantastic opportunity to receive income from state governments that could literally mean life or death for their businesses and staff. These state-level grants, combined with financial relief options (which we will highlight in our next blog) and Federal Government support packages, will ensure the survival of our industry and salon owners in business. Apply for anything you believe you are eligible for – we could all use the helping hand.