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NSW COVID-19 business support package – What you need to know!

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A new grants package and Dine & Discover Program extension (vouchers for takeaway delivered to your home) has been created to support NSW business. The package includes grants of up to $10’000 for small businesses affected by the current COVID-19 lockdown measures in NSW.

What can the grant money be used for?

  • Rent,
  • Utilities,
  • Wages.

Grant amounts

  • $10,000 – (70% decline in revenue),
  • $7,000 – (50% decline in revenue),
  • $5,000 – (30% decline in revenue).

Grant criteria

  • Small Business COVID-19 Support Grant
    • Businesses, sole traders and not-for-profits with a turnover greater than $75,000.
    • Less than 20 full-time employees.
    • Below the payroll tax threshold of $1,200,000 as of 1 July 2020.
    • An ABN registered in NSW.
  • Hospitality and Tourism COVID-19 Support Grant
    • Turnover more than $75,000.
    • Australian wages bill below $10 million as of 1 July 2020.
    • An ABN registered in NSW or evidence of primary operations in NSW.
  • Dine & Discover Voucher Extension
    • Must be used for takeaway from a registered business.
    • Business delivers directly to your home.
    • Voucher expiry extended till 31 August 2021.

How to apply and exact eligibility requirements for the package can be found at nsw.gov.au under grants and loans.

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