NSW 2021 COVID-19 Three types of Financial Support for Businesses

NSW 2021 COVID-19 Business Grant

A one-off Tax Free payment to help businesses, sole traders or not-for-profit organisations impacted by the current Greater Sydney COVID-19 restrictions.

Grants between $7,500 and $15,000 are available to eligible businesses depending on the decline in turnover experienced during the first 3 weeks of COVID-19 restrictions (26 June to 17 July 2021).

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 $30,000 and $75,000
  • A revenue decline of 30% or more
  • Businesses that provide the primary income source for a persion associated with the business.

JobSaver Payment

Fortnightly payments to help maintain employee headcount (as at 13 July) and provide cash flow support to businesses for costs incurred from week 4 of the COVID-19 restrictions (18 July 2021 onwards).

How much

  • Employing businesses: 40% of weekly payroll, with a minimum payment of $1,500 per week and a maximum payment of $100,000 per week.
  • Non-employing business: $1,000 per week.

Eligibility

  • A revenue decline of 30% of more
  • Turnover between $75,000 and $50 million.
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