THE BELOW TABLE IS A SUMMARY OF SUPPORT SCHEMES FOR BUSINESSES IN DISTRESS FROM THE CIVIL UNREST IN KWAZULU-NATAL AND GAUTENG
Scheme | Description | Who Qualifies | Web Link |
Social Relief of Distress (SRD) Grant | Temporary provision of assistance for persons who are unable to meet their or their families’ most basic needs. | Unemployed and not receiving any other grant from National Government | https://srd.sassa.gov.za/
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Temporary Employer/Employee Relief Scheme (TERS) | Designed for those affected by Covid-19 but is being extended to businesses and employees who contribute to the Unemployment Insurance Fund (UIF). | Businesses or companies in distress following the civil unrest in KZN or Gauteng | https://www.ccma.org.za/Services/Unions-Employees-Employers-Employer-Organisations/Temporary-Employer-Employee-Relief-Scheme
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SASRIA | Insurer that provides special risk cover to individuals and businesses that own assets in SA against civil commotion, public disorder, strikes, riots and terrorism. | Individuals and businesses whose property, contents, personal belongings and vehicle was damaged. | https://www.sasria.co.za/claim-procedures/
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Employment Tax Incentive (ETI) to be expanded for 4 months | Usually applicable for those earning less than R6000 per month, but this will be expanded to include all employees earning less than R6500 per month – in total remuneration. | Employers who are registered for Employees’ Tax (PAYE) with SARS, and only employers who are tax compliant can claim the ETI. Amount available subject to limitations, once noncompliant employers become compliant. | https://www.sars.gov.za/types-of-tax/pay-as-you-earn/employment-tax-incentive-eti/
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Deferment of PAYE and Excise Taxes for 3 months | Payment of PAYE and excise taxes will be deferred for 3 months. | This is to provide businesses with additional cash flow, with an automatic deferral of 35% of PAYE liabilities for employers with revenue below R100 million. | https://www.sars.gov.za/media/tax-relief-measures/
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Waiver of License Fee and Permits till 31st December 2022 | The Department of Small Business Development | All business licenses and permits that expired between March 2020 and June 2021 will remain valid until 31st December 2022. New business licences or permits issued from 1st July 2021 will also be valid until 31st December 2022. | http://www.dsbd.gov.za/wp-content/uploads/2021/07/violence-and-looting-condemned-by-smallbusinesses.pdf
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Business Recovery Package by the Small Enterprise Finance Agency (SEFA) | The Business Recovery Package is a blended finance scheme | Businesses that were negatively affected by the vandalism and looting in KwaZulu-Natal and Gauteng. | https://www.sefa.org.za/Content/Docs/brp.pdf
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Industrial Development Corporation | · A business Unrest Recovery Fund of R1,4 billion.
· An additional allocation of a grant fund of R100 million to Partnership Programmes through the Regional Programmes Unit · R10m Corporate Social Investment (CSI) |
Business affected by the unrest in KwaZulu-Natal and Gauteng | Email: Recovery@idc.co.za or tel: 031-269 3111 |
eThekwini Rebate Application Disaster Relief | Revaluation of properties damaged from the civil unrest to determine new rates payable until restoration | Property owners within the eThekwini Municipal region whose properties were damaged during the unrest from 12-16 July 2021. | eThekwini_Rebate Application Disaster Relief.pdf
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Waiver of Fees for new Development Plans | For the reconstruction of buildings that were damaged by the civil unrest | Property owners within the eThekwini Municipal region whose properties were damaged during the unrest from 12-16 July 2021 | Waiver of Fees for new Development Plans.pdf |
- For support due to other circumstances please visit: https://www.gov.za/covid-19/companies-and-employees/support-business
- The official government website http://www.gov.za/ has the latest news, speeches and statements about the work of government.
- Another useful resource is the MySAPS App, which is a free, crime-reporting mobile application available for smart phones on Google Play store and the Apple App store. The App allows citizens to interact with law enforcement officials by providing tip-offs anonymously through the App; finding the nearest police stations and facilities and provides a quick access to all official SAPS Social Media platforms.
For the additional measures approved for the eThekwini Municipality tabled earlier this month click HERE.