The NSW Government has announced a new Grant to assist small businesses getting back to business by meeting the costs of safely reopening or upscaling operations.
The $3,000 Grant can only be used for eligible expenses where no other government support is available.
To be eligible, businesses will need to:
Eligible expenses include, but are not limited to:
It is expected that businesses such as cafes, restaurants, gyms and boutique accommodation providers are to be the most likely recipients.
Please note that if you have received the existing COVID-19 Small business Support Grant of up to $10,000, you may also be eligible to claim the $3,000 Covid-19 small business recovery Grant.
The Grants will be tax free and applications are available through Service NSW. Should you have any questions regarding eligibility or require any assistance with the application please let us know.
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.
View Comments