COVID-19
NSW Small Business Support Grant
Published 3 April 2020
The NSW Government have released with a further Small Business Support Grant to businesses that have been highly impacted by COVID-19 within the following industries:
• Retail trade
• Accommodation and food service
• Rental, hiring and real estate services
• Administrative and support services
• Arts and recreation services
Your business may be eligible if it:
• operates in an industry highly impacted by the Public Health Order 2020 issued 30 March (listed above) and has suffered a decline in turnover of 75%
• has between 1-19 employees and an annual payroll below $900,000 (the NSW payroll tax threshold)
• has an annual turnover of more than $75,000
• was registered with an ABN at 1 March 2020
• has an Australian Business Number and employs staff in NSW at 1 March 2020
• has unavoidable fixed costs not otherwise the subject of other NSW and Commonwealth Government financial assistance measures.
We note that the application form will be available on the Service NSW Website by 17 April.
For further information please see the following link https://www.service.nsw.gov.au/campaign/covid-19-help-small-businesses/grants-loans-and-financial-assistance?fbclid=IwAR0FBaUBbCfndYV8v6p282yXk2E3H2F4IF2vYp4X2S_hwhtJq0YDrzQ07-I
