Ministry of Finance

Grenada

National Plan 2030

PAYROLL SUPPORT

Beneficiaries – Hoteliers, restaurants, bars, and small travel agents and other related tourism businesses.

 

 

Criteria for Payroll Support

 

     Must be registered with the Inland Revenue Division and the National Insurance Scheme

     Funding should not be used for salary payment to owners, directors, and management

     Entity in operation as at and up to 1 March 2020

     Applicable to employees on payroll up to 29th February 2020

     New hires (post March 20th 2020) will not form part of this grant support. This support does not apply to entities that are still under construction (qualifier).

     Monthly application with employee verification form required

     Vacation leave must be applied in the first instance as a means of the employer’s contribution

 

NB: This support does not apply to entities that are still under construction

 

 

What is the process to access the payroll support program?

 

Payroll Support

·     Beneficiaries will be expected to submit monthly applications for the grant support through the secretariat using the prescribed forms. This is expected to be submitted on or before the 10th of the month in which the grant is being requested.

·     Beneficiaries must submit an employee validation form, the validation forms are expected to be completed by the end of the month in which the grants were received;

 

Please note that subsequent disbursements are dependent on the completion and timely submission of the required forms.