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Byron Shire
December 6, 2021

Relief for small business

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Closed shops in Mullumbimby. Photo Ewan Willis.

Small businesses across NSW struggling with COVID-19 shutdowns will receive grants of up to $10,000 under a new assistance scheme announced by the NSW government last week.

Many local cafes, restaurants, corner shops, gyms and small accommodation providers will be eligible to apply.

The $750 million Small Business Support Fund is the third wave of support measures to keep small businesses afloat, says the government.

Applications for the grants will be available through Service NSW, ‘within a fortnight and remain open until June 1, 2020’.

It comes as the federal announced on Tuesday new tenancy codes for commercial renters and landlords aimed at preserving leases.

Shops are closed across the country leaving many people struggling to pay rent and bills. Photo Ewan Willis.

To be eligible for the Small Business Support Fund, businesses will need to have between one and 19 employees, and a turnover of more than $75,000; a payroll below the NSW government 2019-20 payroll tax threshold of $900,000; have an Australian Business Number (ABN) as of March 1, 2020, be based in NSW and employ staff as at 1 March 2020; be highly impacted by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 issued on 30 March 2020 (eg those businesses required to close); use the funding for unavoidable business costs such as utilities, overheads, legal costs and financial advice; and provide appropriate documentation upon application.

In addition to federal assistance, other NSW State business assistance packages already announced include, ‘more than $5 billion in payroll tax waivers, deferrals and other tax deferrals; a $1 billion Working for NSW fund to create jobs; $700 million in additional funding for the health system; $250 million to bring forward capital works and maintenance on public assets; $500 million to bring forward capital works, maintenance and shovel ready infrastructure projects; $80 million to waive a range of fees and charges; and $80 million to help the vulnerable through a range of measures’.


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6 COMMENTS

  1. Would it be possible for Councils to give rate relief to the affected businesses? Council work must have contracted through the impositions so their costs must be less. Surely these savings could be passed onto businesses.

  2. We are a small cleaning business operating in Melbourne. We mostly have sub contractors so would we be eligible for any support as business has been quiet.

  3. Don’t like your chances. I’m a commercial property owner and the tenant just decided not to pay rent even though they could be open and trading.
    I emailed our local council and told them due to gov rule stating landlords have to waive rents, I won’t pay rates.
    Wonder what they come back with

  4. Yes is very unfair sole traders work very hard dosnt matter what trade your in there plenty of sole traders in small bussness even farmers to

  5. Yes I find very unfair sole traders so many small bussness that work on their own even some farmers work on own may hire occasionally so many to think of trying make a living trying to stay a float pool services one man bands they all work hard for their money so.e ways form harrassment what’s been going on select what is graded essential an what non essential we have sportsman suddenly battling cant play game ect ect

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