COVID-19 business grants and loans
NSW Government COVID-19 support package.
Grants compliance audit program
Applications for the 2021 JobSaver, COVID-19 Business Grants and COVID-19 Micro Business Support Grants have now closed.
From November 2021, Revenue NSW will begin audit reviews of these grants, as well as the Accommodation Support Grant.
Revenue NSW will use data matching to compare external agency information with grant applicants’ details to identify those who may not have met the eligibility requirements.
If you are selected for an audit review you will first be advised by phone. This will be followed by written confirmation.
To find out more visit Revenue NSW.
Service NSW COVID-19 Assistance Finder
Business owners experiencing difficulties due to COVID-19 can find the benefits, rebates and concessions available to them using the Service NSW COVID-19 Assistance Finder.
The Assistance Finder is an easy-to-use online tool that lists the options for financial support best suited to your circumstances.
Export assistance
Small and medium exporters in NSW will benefit from the $12 million Going Global support program aimed at creating jobs and supporting the regions. The package includes assistance grants for exporters, tailored workshops and opportunities to explore new markets.
Find more information and register your interest
Export Assistance Grants of up to $10,000 are available for up to 1000 export ready or export capable NSW businesses, helping them access new markets or re-enter old ones where business has ceased.
Check eligibility and apply online
COVID-19 TechVouchers
The COVID-19 TechVoucher program provides support funding for technology-rich startups, scaleups or small and medium enterprises (SMEs) to collaborate with Publicly Funded Research Organisations (PFROs).
The aim of the program is to accelerate the commercialisation of innovative R&D products and services that address disruptions caused by the COVID-19 pandemic.
Support for business - COVID-19 TechVouchers
Support for injured workers
To help injured workers return to work during the COVID-19 pandemic, the State Insurance Regulatory Authority (SIRA) offers a range of support including financial incentives for employers and employees.
Hardship Review Panel
Financial hardship support is available to businesses that do not meet the eligibility criteria for the 2021 COVID-19 Business Grant, 2021 COVID-19 Micro-business Grant or 2021 JobSaver Payment for businesses with a turnover of $250 million or less (or have previously had an application refused) and are experiencing financial hardship as a result of NSW public health orders.
Eligibility
- Pre-revenue businesses that have incurred business set-up and operating costs
- Businesses unable to demonstrate annual turnover of more than $30,000 to qualify for the Micro-business grant, and
- Businesses with unusually lumpy or irregular revenue.
Owners of non-employing businesses can also be deemed as experiencing financial hardship if they can demonstrate that they are unable to provide themselves or their immediate family a modest standard of living.
Applications for hardship support will be assessed by a Hardship Review Panel.
More application information
Accommodation support grant
If you're an accommodation provider who experienced cancellations for stays between Friday 25 June 2021 and Sunday 11 July 2021, you may be eligible for the accommodation support grant.
How much
- $2000 for cancellations of 10 nights or less
- $5000 for cancellations of 11 nights or more.
If you have more than one accommodation property in NSW, you'll be able to submit an application for each property.
Applications will close at 11:59pm on 30 November 2021.
More information on eligibility
Payroll tax deferrals
Businesses have the option to defer their payment of the 2020-21 annual reconciliation, and returns due in August through to December 2021 until 14 January 2022. Interest free repayment plans for up to 12 months will be available.
How much
- Deferral of the 2020-21 annual reconciliation payment as well as the returns due in August to December 2021 until 14 January 2022.
Eligibility
Any NSW business liable for payroll tax.
For more information visit Revenue NSW
Payroll tax reduction
A 50% reduction to help reduce overheads for eligible businesses with a 30% decline in turnover.
How much
- Eligible customers will receive a 50% reduction in their 2021-22 payroll tax liability if they have experienced a 30% decline in turnover.
Eligibility
- A decline in turnover of 30%
- For NSW businesses with grouped Australian wages of no more than $10 million.
For more information visit Revenue NSW
Gaming Machine Tax deferrals
Gaming machine tax deferral options for clubs and hotels.
How much
- Clubs: deferral of the August quarter until 21 December 2021.
- Hotels: deferral of the June and September quarters until 21 Jan 2022.
Eligibility
- All NSW clubs or hotels liable for gaming machine tax
For more information visit Revenue NSW
Loan guarantees
The Australian Government’s SME Recovery Loan Scheme is designed to support the economic recovery, and to provide continued assistance, to firms currently on JobKeeper.
The Government will work with lenders to ensure that eligible firms will have access to finance to maintain and grow their businesses when JobKeeper ends.
The scheme is designed to support small-to-medium enterprises including sole traders and not-for-profits.
Business concierge
The NSW Government offers a free Business Concierge who can help you with information on grants, licenses, permits and regulations.
Free business advisors
Get professional, personal and confidential advice from a Business Connect advisor to adapt your business.