{"id":17115,"date":"2021-07-09T10:05:16","date_gmt":"2021-07-09T00:05:16","guid":{"rendered":"https:\/\/adviceco.com.au\/?p=17115"},"modified":"2023-05-08T11:10:32","modified_gmt":"2023-05-08T01:10:32","slug":"covid-19-small-and-medium-business-support-package","status":"publish","type":"post","link":"https:\/\/adviceco.com.au\/covid-19-small-and-medium-business-support-package\/","title":{"rendered":"COVID-19: Small and medium business support package"},"content":{"rendered":"\n
Support for businesses impacted by COVID has changed shape in the last week or so. Here is what you need to know about the latest small and medium business support package…<\/p>\n\n\n\n
40 per cent of a business\u2019s NSW payroll payments, at a minimum of $1,500 and a maximum of $10,000 per week.<\/p>\n\n\n\n
From week four of a lockdown, recurring, for the duration of an enforced lockdown in the immediate area of business.<\/p>\n\n\n\n
Register for Service NSW updates<\/a>. Expressions of interest via the Services NSW Website<\/a> from 14 July 2021.<\/p>\n\n\n\n In addition to the above Federal support, the NSW Government has expanded its business grant package to alleviate cashflow constraints while trading is restricted. The lump sum payments can be used for business expenses such as rent and utilities for which no other government support is available.<\/p>\n\n\n\n From end of July<\/p>\n\n\n\n A new grants program for micro businesses with a turnover of between $30,000 and $75,000 which experience a decline in turnover of 30 per cent. The businesses will be eligible for a $1,500 payment per fortnight of restrictions. <\/p>\n\n\n\n Additional small business support includes payroll tax deferrals for all employers, an extension of the Dine & Discover program to 31 August and the ability for people to use Dine & Discover vouchers for takeaway delivered directly to their home by the venue itself.<\/p>\n\n\n\nNSW State Government business grants<\/strong><\/h3>\n\n\n\n
How much<\/u><\/strong><\/h4>\n\n\n\n
When<\/u><\/strong><\/h4>\n\n\n\n
Eligibility<\/u><\/strong><\/h4>\n\n\n\n
Micro Business<\/strong><\/h3>\n\n\n\n
How to apply<\/u><\/strong><\/h4>\n\n\n\n