The NSW small business COVID-19 support grant of up to $10,000 is available to eligible NSW small business owners.
To be eligible, businesses will need to:
- have between 1-19 employees and a turnover of more than $75,000
- a payroll below the NSW Government 2019-20 payroll tax threshold of $900,000
- have an Australian Business Number as at 1 March 2020, be based in NSW and employ staff as at 1 March 2020
- be highly impacted by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 issued on 30 March 2020
- use the funding for unavoidable business costs such as utilities, overheads, legal costs and financial advice
- provide appropriate documentation upon application.
This link will take you to the details
https://www.service.nsw.gov.au/small-business-covid-19-support-grant-guidelines
This link will take you to the application
https://www.service.nsw.gov.au/transaction/apply-small-business-covid-19-support-grant
Eligible industries are those that have been subject to closure or are highly impacted by NSW Government health directions in relation to COVID-19 and include:
- Retail trade
- Accommodation and food service
- Rental, hiring and real estate services
- Administrative and support services
- Arts and recreation services.
Applications will be open until 1 June 2020.
Service NSW and Treasury NSW will implement the Grant on behalf of the NSW Government.
Applicants will be subject to audit by the NSW Government or its representatives.
For further eligibility criteria and the application form, visit Apply for the small business COVID-19 support grant.
This is yet another amazing support measure that is providing the businesses and our economy to weather this storm. NSW government well done!
Please call if you would like to discuss.
Adrian & the VJC team
General Advice warning: the information in this article is general in nature, it is not advice specific to your needs. If you want to act upon the information in this article then you should seek advice from a qualified professional. VJC WM accepts no liability to any party for acting from this information unless they have sought advice in a formal engagement with VJC WM for this purpose.
