HOW TO REGISTER TO SHARE IN $5.3 BILLION COVID-19 BUSINESS GRANTS AND PAYMENTS

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 ….

ensure your business and contact details are up-to-date with the Australian Business Register (ABR)
ensure your personal, contact and business details are up-to-date in your MyServiceNSW Account and your business profile
if you don’t have one, create a MyServiceNSW Account and business profile.

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.

2. JobSaver

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.

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HOW TO REGISTER TO SHARE IN $5.3 BILLION COVID-19 BUSINESS GRANTS AND PAYMENTS

To Get ready for your fair share help avoid delays in completing your application ….