COVID-19 Relief - NSW Business Grant

We now have further information regarding the NSW Business Grant and testing dates.

The testing dates were recently updated to a minimum 2-week period between 26 June, 2021 and 17 July, 2021 (previously 26 July, 2021) compared to the same period in 2019.

Depending on your decline in turnover you may be eligible for the following payment:

-         $7,500 for a decline of 30% or more;

-         $10,500 for a decline of 50% or more; or

-         $15,000 for a decline of 70% or more.

To be eligible you must:

-         have an active Australian Business Number(ABN).

-         demonstrate your business was operating in NSW as at 1 June 2021.

-         have had total annual Australian wages of $10 million or less as at 1 July 2020.

-         have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020.

-         have business costs for which there is no other government support available.

-         maintain your employee headcount as at 13 July 2021.

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Please click here to apply via Service NSW. Applications are now open until 13 September, 2021.

For any of our clients who have any questions regarding their eligibility, please contact our office via email admin@optimumadvisory.com.au or call 02 9821 2455.

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