With COVID-19 showing no signs of slowing down and businesses struggling with staff shortages and supplier delays, here are all the grants and rebates currently available, including the recently announced $1B support package to help small and medium businesses affected by the Omicron outbreak.
- The 2022 Small Business Support Program
- Small Business Fees and Charges Rebate – now extended to cover RATs
- Alfresco Restart Rebate
- Commercial Landlord Hardship Fund
- Jobs Plus Program
- Export Assistance Grant
The 2022 Small Business Support Program
Eligibility
- have aggregated turnover of between $75,000 and $50M
- Experience a minimum decline of 40% in turnover in January 2022 and first fortnight of February 2022 compared to same period in 2021 or 2020
- Have been operating in NSW since 1 January 2021
- For employing businesses – maintain employee headcount from 30 January to 28 February 2022
- For non-employing businesses (ie. sole traders) – show that the primary business income source (50% or more of total income) for the associated person. Only one business can be claimed.
Payment Amount
- One payment covering the 4-week period of February 2022
- Payment will range from $750 – $5,000 per week. It will be equivalent to 20% of weekly payroll.
- Non employing businesses will receive a payment of $500 per week
Next Steps
- To apply, you need to submit your most recently lodged Australian income tax return with TFNs redacted demonstrating the aggregated turnover for the 2020 or 2021 financial years
- For registered charities, you need to submit your ACNC annual information statement
- Provide evidence of how your weekly payroll amount was calculated through either your most recent BAS/IAS, 2020-21 payroll tax reconciliation or a copy of your business’s payroll report filed using Single Touch Payroll
- Provide a letter from your accountant to verify the 40% decline
- audited profit and loss statements
- receipts and invoices from purchases
- NSW payroll tax reconciliation returns
- To apply, click here
- Applications close 31 March 2022
Small Business Fees and Charges Rebate – now extended to cover Rapid Antigen Tests (RATs)
Eligibility
- Have total Australian wages below the NSW Government 2021 payroll tax threshold of $1.2M
- Have an ABN registered in NSW or business premises physically located and operating in NSW
- For list of eligible fees and charges, click here
Payment Amount
- The maximum $2,000 rebate will be increased to $3,000 in late March
- You can submit multiple claims until the value of $3000 us reached
- Employing businesses will be able to claim half of the costs for Rapid Antigen Tests (RATs)
- Only one $3000 rebate per ABN
Next Steps
- Application can be made on Service NSW Website
- Will be available until 30 June 2022
Alfresco Restart Rebate
Eligibility
- Must have an active ABN held before 1 June 2021
- Have an aggregated turnover less than $10M inclusive for the year ended 30 June 2021
- Be a small or medium food and beverage business defined by at least one of the following ANZSIC codes: 4511 cafes and restaurants, 4520 pubs, taverns and bars, 4530 clubs (hospitality), 4400 Accomodation (hotel and motel), 1212 Beer manufacturing, 1213 spirit manufacturing, 1214 wine and other alcoholic beverage manufacturing
- Have or will incur eligible costs and expenses for opening or expanding your outdoor dining area from 14 October 2021 to 30 April 2022
- Have development approval from council, place management NSW or private holder (where applicable)
- Have approval for liquor license boundary changes (where applicable)
Payment Amount
- $5000 rebate
Next Steps
- In order to apply, you will need proof of identity, a MyServiceNSW Account and also evidence to support your eligibility such as a letter of authority, profit and loss statement, accountant’s letter, FY2021 income tax return, etc
- Registrations for the rebate will close once 5,000 businesses have successfully registered. As of writing, registrations are currently still open.
- Successful businesses can claim their rebate from late February 2022 to 30 April 2022.
- To register, please click here.
Commercial Landlord Hardship Fund
Eligibility
- Must be a landlord of a property in NSW
- Have an agreement to provide rental relief to tenants from 13 July 2021
- Have no claimed land tax relief between 1 July 2021 and 31 December 2021
- More than 50% of your total income is derived from gross rental income for 2020 or 2021 financial year
Payment Amount
- Up to $3,000 per month per property
- Grants will be paid as lump sum for the rent waived from 1 August to 14 November 2021
Next Steps
- You will need proof of identity and the following documents to show proof:
- A contract for sale of land, 2021 council rates notice or Revenue NSW client and correspondence ID to show property is in NSW
- Landlord’s 2020 or 2021 income tax return
- Current impacted lease agreement
- Tenancy agreement providing rental reduction, rental ledgers or a letter from the property manager
- Tenant’s contact details
- Applications can be made on Service NSW website
- Applications close 31 March 2022
Jobs Plus Program
Eligibility
- Must start hiring before 31 December 2022 and all staff must also live and be paid in NSW
- At least 30 new staff full-time equivalent staff must be hired and onboarded by 30 June 2021
- You can check your eligibility here
Benefits
- Payroll tax relief for up to 4 years once business has employed 30 new full time equivalent staff
- Subsidised training package rebates
- Rebates for approved projects
- Access to subsidised, short-term Government accommodation and spaces for up to 2 years
Export Assistance Grant
Eligibility
- Must be based in NSW
- Have a registered ABN and be registered for GST as at 1 August 2019
- Currently exporting, or were exporting prior to impacts of COVID-19, bushfires and drought
- Employ a minimum of 3 full-time equivalent staff at the time of application
- Own the goods/services to be exported
- Have an annual turnover of up to $100M. If greater than this sum, you must demonstrate export turnover has declined by more than 30% in the 2020 financial year
Benefits
- Receive a grant of up to $10,000 for export assistance
- This grant will be provided as reimbursement of 50% of eligible expense already paid since 1 January 2020.
Next Steps
- You can apply for the grant here
- You can submit either one application for $10,000 or multiple applications of a minimum of $2,000
- You will need a completed statement of Business eligibility in order to apply
- Applications close 30 June 2022