This morning you should have received an email from the NSW Government with the subject matter “New restrictions for Greater Sydney businesses” (see below).
What the subject matter does not tell you is that at the VERY BOTTOM is the LINK to register your interest in the various Grants & Payments.
To Get ready for your fair share help avoid delays in completing your application ….
When you click this link scroll down until you come to the following and complete the application for each of your business if you have more than one.
If you need help to do this just call our office. 02 4228 4877
Register to be notified when COVID-19 payments open for applications
|$5.3 billion in COVID-19 business grants and payments open for applications over the next two weeks to help businesses with cash flow, maintain staffing levels and expenses.|
1. COVID-19 Business Grant
A one-off payment to help businesses with cashflow support for the first 3 weeks of lockdown. Grant varies from $7,500 up to $15,000 depending on the decline in turnover.
To be eligible your business must demonstrate a revenue decline of 30% or more, aggregated annual turnover between $75,000 and $50 million, and payroll up to $10 million.
Fortnightly payments to help maintain employee headcount (as at 13 July) and provide cashflow support to businesses
- Employing businesses: 40% of weekly payroll, with a minimum payment of $1,500 per week and a maximum payment of $10,000 per week
- Non-employing business: $1,000 per week
To be eligible your business must demonstrate a revenue decline of 30% or more, and annual turnover between $75,000 and $50 million.
3. Micro Business Grant
A fortnightly payment of $1,500 for businesses with a turnover between $30,000 and $75,000
To be eligible your business needs annual turnover of $30,000 to $75,000, revenue decline of 30% or more and the businesses must provide the primary income for a person associated with the business.
Businesses can expect to start receiving funds by the end of July. Register your interest for any of these and we’ll email you when applications open.