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COVID-19 NSW Business Support Measures
The NSW and Federal Governments have announced a series of new measures to support business during extended lockdowns. The government is still working on certain eligibility criteria. As soon as they are released, we will advise and work with you to determine your eligibility.
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Up to $15,000 through the expanded 2021 COVID-19 business grants program
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Up to $10,000 cashflow support per week
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Micro business grants
Unlike government assistance measures for Covid-19 last year where accountants could assist their clients with applications, these current support measures will be administered through Service NSW and the business/individual applies themselves.
We will be able to assist in working out your eligibility once the tests are announced and potentially provide an accountants letter, should the application require this.
To help avoid delays in completing your application:
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Ensure your personal, contact and business details are up-to-date in your MyServiceNSW Account and your business profile
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If you don't have one, create a MyServiceNSW Account and business profile.
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The previously announced small business grants have been increased to up to $15,000 and expanded to eligible businesses (including not-for-profits and sole traders) with annual wages of up to $10 million.
Read full article >>
A cashflow payment between a minimum of $1,500 and maximum of $10,000 per week based on 40% of the NSW payroll payments of your business (including not-for-profits).
Read full article >>
A new grant for micro businesses (including sole traders) providing $1,500 per fortnight while lockdown restrictions apply. The grants are available from week one of the lockdown until restrictions are eased.
Read full article >>
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