Sydney COVID Support Grants – Summary and Links

With the recent uncertainty surrounding the Sydney Lockdown and its duration, we would like to take this opportunity to briefly summarise the current NSW and Federal Government COVID Support grants on offer and how you can make an application.

The grants, structure and details are regularly updated.  As such, while the information in this update is current as at 15 July 2021, we strongly recommend that you revisit the links in this email to make sure you get the most up to date information and contact us if you have any further questions.

The NSW Government will be offering financial support to businesses impacted by the recent COVID-19 restrictions and stay-at-home orders.  If your business or not-for-profit organisation has been impacted by the restrictions, you may be eligible to apply from 19 July 2021.

Please see below a summary of the current financial support available, per this link:

  • COVID-19 business grant: if you’re a business, sole trader or not-for-profit organisation impacted by the current Greater Sydney COVID-19 restrictions, you may be able to apply for a grant of up to $15,000 from 19 July 2021.
  • Saving Jobs: a support program funded jointly by the NSW and Commonwealth governments to maintain employment of staff for small and medium businesses impacted by the current health restrictions.
  • Micro business grant: if you’re a micro business (small business or sole trader with annual turnover of more than $30,000 and under $75,000) impacted by the current Greater Sydney COVID-19 restrictions, you may be able to apply for a $1500 payment per fortnight of restrictions from late July 2021.

 Please click the link above and register your interest for updates.  With the NSW Government Grants, you will be required to apply yourself via your Service NSW Account for your business so please follow the instructions summarised below to ensure you are ready when the grants become available:

 Tips to Get ready

To help avoid delays in completing your application:

Other news

Director Identification Numbers – Reminder

July 4, 2022

Director Identification Numbers – Reminder: Last year, we foreshadowed the upcoming Director ID requirements, with all Company Directors required to…

READMORE

Section 100A and discretionary trust reimbursement agreements

May 1, 2022

Section 100A and discretionary trust reimbursement agreements: Family Trusts are discretionary trusts that have the ability to choose to whom…

READMORE

Responsibilities of SMSF trustees

March 1, 2022

Being involved in Self-Managed Super Fund (SMSF) allows the members and the trustee to be take control of their retirement…

READMORE