nsw.gov.au 2021 COVID-19 Micro Business Grant Australia : New South Wales

Organization : New South Wales Government
Facility : 2021 COVID-19 Micro Business Grant
State : New South Wales
Country : Australia
Last Date : 18.10.2021
Website : https://www.service.nsw.gov.au/transaction/2021-covid-19-micro-business-grant

NSW COVID-19 Micro Business Grant

If you’re a micro-business (small business, sole trader or not-for-profit organisation with aggregated annual turnover between $30,000 and $75,000) impacted by the recent COVID-19 restrictions, you may be eligible to apply for a fortnightly payment of $1,500 to cover business expenses for the duration of the Greater Sydney lockdown.

Related / Similar Service : NSW Apply for an Export Assistance Grant

Introduction

The 2021 COVID-19 micro-business grant provides cashflow support for micro-businesses in New South Wales who have had their work impacted by the restrictions while continuing to incur business costs.

Eligible applicants can use the grant for business costs incurred from 1 June 2021 and for which no other government support is available, including
** salaries and wages
** utilities and rent
** financial, legal or other advice
** marketing and communications
** perishable goods
** other business costs.

Eligibility

To be eligible for the grant, you must
** have an active Australian Business Number (ABN) registered in, or demonstrate your business was primarily operating in, NSW as at 1 June 2021

** have had aggregated annual turnover between $30,000 and $75,000 for the year ended 30 June 2020

** have experienced a decline in turnover of 30% or more due to the public health orders over a minimum 2-week period within the Greater Sydney lockdown (commenced 26 June 2021 and due to end 30 July 2021), compared to the same period in 2019

** have business costs for which no other government support is available
** have not applied for either the 2021 COVID-19 business grant or the JobSaver payment

** maintain your employee headcount as at 13 July 2021 while receiving payments from this grant, if you’re an employing business
** have this business as your primary income source, if you’re a non-employing business such as a sole trader.

What You Need?

** a MyServiceNSW Account
** your proof of identity
** your valid ABN/ACN number
** your business banking details for payment
** a business activity statement (BAS)
** Australian income tax return or Notice of Assessment.

Evidence to Support Eligibility

When applying for this grant, you must
** declare that you meet the eligibility criteria

** submit evidence of
i. your business’ decline in turnover of 30% or more over a minimum 2-week period within the Greater Sydney lockdown
ii. an aggregated annual turnover between $30,000 and $75,000 for the year ended 30 June 2020.

** lodge other supporting documents, as required, to demonstrate you meet the eligibility criteria.

Where required, evidence must be in the form of a
** letter from a qualified accountant, registered tax agent or registered BAS agent using the template provided, or

** business bank account statement, or
** business activity statement (BAS), or
** Australian income tax return or Notice of Assessment.

Businesses that cannot provide sufficient evidence are ineligible for the grant.

Auditing Requirements

Successful applications may be subject to an audit. Service NSW can request a combination of the following documents to support its determination of eligibility and use of funds under this grant’s Terms and Conditions

** accountant’s letter
** prior business activity statements
** Australian tax returns (or Notice of Assessment)
** profit and loss statements prepared by a qualified accountant
** receipts and invoices from sales
** business bank account statements.

You’ll need to keep all documentary evidence used for your application for a minimum of 5 years.

Proof Of Identity

Two proof of identity documents are required. They may include
** Australian driver licence
** Medicare card
** Australian passport
** Australian birth certificate
** Australian travel visa
** Australian citizenship certificate
** Australian certificate of registration by descent
** Australian ImmiCard.

How To Apply?

Online applications are expected to open on 26 July 2021.

More Information

** Only one application can be submitted for a single ABN.
** Only one application is permitted where there are multiple businesses under a single ABN.
** Payments will be made in arrears with the first payment backdated to 26 June 2021.

** The 2021 COVID-19 micro-business grant cannot be used to cover expenses for which other government support is available, such as government fees and charges that would be covered by the small business fees and charges rebate.

** The relevant COVID-19 restrictions are
i. Public Health (COVID-19 Temporary Movement and Gathering Restrictions) Order 2021 issued on 26 June 2021
ii. stay-at-home order issued on 25 June 2021
iii. stay-at-home order issued on 27 May 2021.

Last Date

Applications are expected to open on 26 July 2021 and close at 11:59pm on 18 October 2021.