COVID-19 energy relief announcement

Published 22 April 2020 at 4:40 pm

Applies to: NSW

Small business support grant of up to $10,000

The NSW Government is providing financial support to ease the pressures on small business as a result of COVID-19.

If your small business or non-profit organisation has experienced a significant decline in revenue as a result of COVID-19, you may be eligible for the small business support grant of up to $10,000.

To be eligible for this grant, you must:

  • Be based in NSW
  • Be a small business (see guidelines)
  • Be registered with an ABN as at 1 March 2020
  • Have an annual turnover of more than $75,000 (a Business Activity Statement must be provided as evidence)
  • Where a small business does not submit a BAS to the Australian Tax Office, and meets all other criteria, the small business should contact Service NSW to discuss further. In these cases, an income tax declaration may be accepted as evidence of an annual turnover of $75,000.
  • Employ 1-19 full-time workers as at 1 March 2020
  • Be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000
  • Have been highly impacted by Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 effective on 31 March 2020
  • Have experienced at least 75% decline in turnover compared to the same two-week period in 2019, as a result of COVID-19 (for businesses that have been in operation for less than 12 months, refer to the guidelines)
  • Have unavoidable business costs not otherwise the subject of other NSW and Commonwealth Government financial assistance measures.

Click here to apply online.