The 2021 COVID-19 micro-business grant provides cashflow support for micro-businesses in New South Wales who have had their work impacted by the restrictions while continuing to incur business costs.
Applications are now open and close at 11:59pm on 18 October 2021. To apply, visit 2021 COVID-19 micro-business grant and apply via your MyServiceNSW Account. If you do not already have a MyServiceNSW Account or have not linked your business to your existing profile then you will need to do so before applying.
If you’re a micro-business (small business, sole trader or not-for-profit organisation with aggregated annual turnover between $30,000 and $75,000) impacted by the recent COVID-19 restrictions, you may be eligible to apply for a fortnightly payment of $1,500 to cover business expenses for the duration of the Greater Sydney lockdown.
Businesses and not-for-profit organisations impacted by the Public Health Order will be eligible if:
Non-employing businesses are not eligible to apply if persons associated with the business, and who derive income from it, received a Commonwealth COVID-19 Disaster Payment.
Eligible businesses applying for the Grant are required to:
See the guidelines for more information.
Applications are now open and close at 11:59pm on 18 October 2021.
Once deemed eligible, businesses will receive automatic fortnightly payments. Businesses will not need to re-apply, but businesses with employees must notify Service NSW if they are not maintaining the number of employees they had on 13 July 2021.
Payments will be made in arrears with the first payment backdated to 26 June 2021.
Businesses that received the $1,500 Small Business Fees and Charges Rebate can apply for this Grant.
Only one application can be submitted for a single ABN including where there are multiple businesses under a single ABN.
What is aggregated annual turnover? | Aggregated annual turnover is the sum of the following:
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What is Decline in turnover? | To measure the decline in turnover, the Australian Taxation Office Goods and Services Tax (GST) concept will be applied when assessing whether an applicant experienced a 30% or more decline in national turnover. This means you use your GST accounting method (cash or accruals) to determine your turnover for the relevant periods. |
What is Employee Headcount? | Employee Headcount means the number of persons who are employed in New South Wales and who are permanent (full-time or part-time), or casual staff that have been employed by the business for more than 12 months. |
What does it mean to maintain employee headcount? | Maintain Employee Headcount means the employer will not take active steps to end the employment relationship with their employees. Employees who have been stood down under the Fair Work Act 2009 or take leave without pay are considered employees for the purpose of headcount. Businesses will remain eligible if their employee headcount declines for reasons outside the control of the employer, for example if employees voluntarily resign. |
If a business does not submit a BAS to the Australian Tax Office? | The business should contact Service NSW to discuss further |
Business needing help with their MyServiceNSW Account. | Business needing help with their MyServiceNSW Account. Businesses requiring assistance with their online application can contact Service NSW on 13 77 88 |
As always if you have any additional questions or if we can be of assistance in determining your eligibility, collating the financial information required to support your application or providing the accountants letter required please do not hesitate to contact us.
Please note that as this support is being administered by the NSW Government we cannot act as your agent and attend to the application on your behalf.
The information contained on this website and in this article is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Taxation, legal and other matters referred to on this website and in this article are of a general nature only and are based on our interpretation of laws existing at the time and should not be relied upon in place of appropriate professional advice. Those laws may change from time to time.
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