1. Small Business Support Program

Applications close 31 March

If you’re a business, sole trader or not-for-profit organisation in NSW and you’ve been impacted by the Omicron wave of COVID-19, you may be eligible for a payment under the 2022 Small Business Support Program.

To be eligible, your business must have a $75,000 to $50 million turnover and show evidence of a decline in turnover of 40% or more in January 2022. You’ll also need to have had a 40% or more decline in turnover from 1 to 14 February 2022.

Businesses with employees can receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week and a maximum payment of $5,000 per week. And sole traders or businesses without employees can receive $500 per week.

 

Eligibility

To be eligible for the 2022 Small Business Support Program, your business or not-for-profit organisation must:

  • have an active Australian Business Number (ABN)
  • have been operating in NSW on 1 January 2021
  • have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2021 or 30 June 2020
  • have experienced a decline in turnover of 40% or more due to the impacts of COVID-19:
    • during January 2022, compared to January 2021 or January 2020
    • from 1 to 14 February 2022, compared to the same fortnight in February 2021 or February 2020
  • for employing businesses, maintain your employee headcount from 30 January to 28 February 2022
  • for non-employing businesses, such as sole traders, show that the business is the primary income source (50% or more of the total income) for the associated person. If you have more than one non-employing business, you can only claim payments for one business.

 

Alternative circumstances

If your business does not meet all the eligibility criteria, you may be able to apply for the 2022 Small Business Support Program if you can provide evidence to support the alternative circumstances outlined in the guidelines.

 

Evidence to support eligibility

To apply for the 2022 Small Business Support Program, you’ll need to declare that you meet the eligibility criteria, plus have evidence to support eligibility listed here. 

 

How to apply for the Small Business Support Program

Ensure you comply with all eligibility & have all evidence to support eligibility. Read through all details of the support package listed here.  If you comply and can produce evidence, please contact us to verify your business’s 40% decline in turnover during January 2022.

View Service NSW’s website here for more information on the Small Business COVID Support Package

 

 

2. Small business fees & charges rebate increases to $3,000

Applications close 30 June 2022

The small business fees and charges rebate is increasing from $2,000 to $3,000.

This rebate helps businesses recover from the impacts of COVID-19 and encourages growth by reducing the cost of running a business. Eligible businesses or not-for-profits only need to apply for the rebate once but can submit multiple claims until the full value of $3,000 is reached.

View the full list of eligible fees & charges

 

Eligibility

To be eligible for this rebate, small businesses (including non-employing sole traders) and not-for-profit organisations must:

* have total Australian wages below the NSW Government 2020–21 payroll tax threshold of $1.2 million

* have an Australian Business Number (ABN) registered in NSW and/or have business premises physically located and operating in NSW.

View Service NSW’s website here to apply for the small business fees & charges rebate…