A one-off payment to help businesses with cashflow support for the first 3 weeks of lockdown.
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
Applications open 19 July.
Register your interest with Service NSW
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
Applications open late July.
Register your interest with Service NSW
COVID-19 Micro Business Grants
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.
Applications open late July.
Register your interest with Service NSW
Payroll tax deferrals
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.
For more information visit Revenue NSW
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 visit Revenue NSW
Gaming Machine Tax deferrals
Businesses paying hotel or gaming taxes will be able to defer the taxes for the 2021-22 financial year.
How much
Hotels: deferrals for June and September quarter until 21 Jan 2022.
Clubs: deferrals for the August quarter until 21 Dec 2022.
Eligibility
All businesses paying hotel gaming machine tax
All businesses paying club gaming machine tax
More information to come.
