Business, Sole-Trader, not-for-profit organisations

COVID-19 Business Grant  

A one-off payment to help businesses with cashflow support .

How much

• $7,500 to $15,000 depending on the decline in turnover

Eligibility

• A revenue decline of 30% or more
• Annual turnover above $75,000
• Payroll up to $10 million

JobSaver

Fortnightly payments to help maintain employee headcount (as at 13 July) and provide cashflow support to businesses

How much

• Employing businesses: 40% of weekly payroll, with a minimum payment of $1,500 per week and a maximum payment of $10,000 per week
• Non-employing business: $1,000 per week

Eligibility

• A revenue decline of 30% or more
• Turnover between $75,000 and $50 million

COVID-19 Micro Business Grant

A fortnightly payment for businesses with a turnover between $30,000 and $75,000

How much

• $1,500 per fortnight

Eligibility

• A turnover between $30k and $75k
• A revenue decline of 30% or more
• Businesses that provide the primary income source for a person associated with the business.

Payroll Tax Deferral

Businesses can opt in to defer payments on the 2020-21 annual reconciliation return and wages paid in July and August. Interest free repayment plans for up to 12 months will be available.

How much

• Deferral of 2020-21 reconciliation (due 28 July) and payments due on 7 August and 7 September until 7 October 2022

Eligibility

Any business paying payroll tax.

Payroll Tax Concessions

Concessions to help reduce overheads for eligible businesses with a 30% decline in turnover.

How much

• 25% reduction in 2021-22 payroll tax where there is a 30% decline in turnover

Eligibility

• A revenue decline of 30%
• For businesses with Australian wages up to $10 million

For more information, please visit: 

https://www.nsw.gov.au/covid-19/2021-covid-19-support-package