This week it was announced that the Commonwealth Government is providing a 25% top-up payment for grants paid to businesses under selected State Government COVID-19 Business Support packages delivered in 2022.
Unlike COVID-19 business support packages in several other states, no Western Australian Government programs were granted non-assessable non-exempt (NANE) status by the previous Commonwealth Government, meaning grant payments made to businesses under these programs were taxable.
Instead, 25% top‑up payments were approved in lieu of the grant programs being provided NANE status.
The current Commonwealth Government approved an estimated $74 million in the recent Commonwealth Budget to ensure that all businesses eligible for the 14 State Government COVID‑19 Business Support programs receive the 25%top-up payment.
The 14 eligible State Government COVID-19 Business Support Programs are:
Christmas Nightclub Closure COVID-19 Assistance Program
Small Business Assistance Grant - December 2021
Getting the Show Back on the Road and extensions
International Education Industry Support Program
Tourism Support Program
Tourism Deposit Refund Program
Travel Agent Support Fund
Event Suppliers Program
Tenant Rent Relief Scheme
Landlord Rent Relief Incentive
Nightclub Assistance Program
Performing Arts, Theatres and Cinemas Assistance Program
Small Business Hardship Grants Program
School Camps COVID-19 Assistance Package.
The State Government will deliver the top-up payments on behalf of the Commonwealth. State Government agencies that administered the original programs will contact recipients to provide further information and confirm eligibility.
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