Latest COVID Assistance for WA
Level 2 COVID-19 Business Assistance Package
The WA state government announced today tiered grants for businesses that experience a 50% or greater reduction in turnover for any four week period between 1st January 2022 and 30th April 2022, compared with the same period last year.
The tiers are;
$3,000 for sole traders with no employees
$7,500 for micro businesses with 1 to 5 employees
$20,000 for small businesses with 6 to 19 employees
$50,000 for medium sized businesses with 20 or more employees, and payroll of up to $4 million per annum.
The media release can be read here;
No application details have been released yet. If your business experiences the required reduction in turnover, please contact your accountant.
Rent Relief Package
Rental relief grants of up to $3,000 are available to small business tenants that experience a 30% reduction in turnover for any consecutive six weeks between 1st January 2022 and 30th April 2022, compared with the same period last year. The business must have an annual turnover of more than $50,000.
No application details have been released yet.
Further criteria and information can be found here;
Landlord Rent Relief Incentive
Landlords who match the Rent Relief Package for tenants will be eligible for an incentive payment of $1,500. The landlord must provide rent relief of $3,000 to the tenant who met the criteria of the Rent Relief Package above.
No application details have been released yet.
Further information can be found here;
