FOR EMPLOYERS AND BUSINESSES

NSW State Government Support available as at 28th July 2021. Please note you may be eligible for more than one grant.

COVID-19 Business Grants

A one-off payment to help businesses with cashflow support for the first 3 weeks of lockdown.

$7,500 for at least a 30% Decline , $10,500 for at least a 50% or more decline, and $15,000 for a decline of 70% or more

Click to read the detailed eligibility guidelines

The Decline in turnover must exceed 30% in the periods defined in the following table to be eligible:

Applications opened 19 July 2021 and close on 13 September 2021. Apply online at the Service NSW website and then request your Accountant provide you a supporting letter

JOBSAVER

• To receive the payment, eligible entities will be required to maintain their full-time, part-time and long-term casual staffing level as of July 13, 2021.
• Eligible entities, which includes not-for-profits, will receive payments of between $1,500 and $100,000 per week based on the level of their payroll.
• For non-employing businesses, such as sole traders, the payment will be set at $1,000 per week.

Employing businesses: 40% of weekly payroll, with a minimum payment of $1,500 per week and a maximum payment of $100,000 per week
Turnover between $75,000 and $250 million. Applications now open.

COVID-19 Micro Business Grants for SOLE TRADERS AND MICRO BUSINESSES

A fortnightly payment for businesses with a turnover between $30,000 and $75,000
Payment is $1,500 per fortnight

Eligibility - Turnover between $30k and $75k and Revenue decline of 30% or more

The Businesses must provide the primary income source for a person associated with the business (not hobbies or part time work) Applications now open.

Apply for the small business fees and charges rebate

If you are a sole trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for a small business fees and charges rebate of $1500.

This rebate helps businesses recover from the impacts of COVID-19 and encourages growth by reducing the cost of running a business. Eligible businesses with a Payroll of less than $1.2million and an active Trading ABN or not-for-profits only need to apply for the rebate once, but can submit multiple claims until the full value of $1500 is reached.

Payroll tax deferrals

Businesses can opt in to defer payments on the 2020-21 annual reconciliation return and wages paid in July and August.

Interest free repayment plans for up to 12 months will be available.

Deferral of 2020-21 reconciliation (due 28 July) and payments due on 7 August and 7 September until 7 October 2022

Eligibility - Any business paying payroll tax.

Payroll tax concessions

Concessions to help reduce overheads for eligible businesses with a 30% decline in turnover.

A 25% reduction in 2021-22 payroll tax where there is a 30% decline in turnover

Eligibility - A revenue decline of 30%

For businesses with Australian wages up to $10 million

For more information visit Revenue NSW

Support for residential and commercial landlords and tenants

Eviction moratorium for residential tenants

A tenancy moratorium to restrict when landlords can evict tenants due to rental arrears is in place until 11 September 2021.

Residential landlords who decrease rent for impacted tenants can apply for a grant or land tax reductions depending on their circumstances.

Landlords leasing residential properties

For landlords with tenants in financial distress. Landlords with eligible properties may be eligible for a land tax concession if they provide rent reductions to their tenants.

Either $1500 grant to residential landowners to pass onto their tenants, or Concession of up to 100% of 2021 land tax

Eligibility - For landlords who provide at least that much rental relief

Tenants must have lost 25% or more of their income

Available for rent reductions made from now until 31 December 2021

Landlords leasing Commercial properties

For landlords with tenants in financial distress. Landlords with commercial properties may be eligible for a land tax concession if they provide rent reductions to their tenants.

Payment up to 100% of 2021 land tax

Eligibility - For landlords who provide at least that much rental relief to tenants who are eligible for the

• Micro-businesss
• COVID-19 Support Grant
• 2021 COVID-19 NSW Business Grant and/or
• JobSaver scheme

Available for rent reductions made from now until 31 December 2021. For more information visit NSW Govt.

Other support is available for :

Gaming Machine Tax deferrals Accommodation providers Performing arts relief package Extension of Dine & Discover NSW program

More details will be shared when it becomes available to us. Stay turned and contact us if you need urgent advice