NSW Business Support Package

On Sunday, the NSW Government announced a $1bn business support package aimed at helping keep small businesses open.

Businesses of turnover between $75,000 and $50 million are set to gain some relief, and this is in addition to the rent relief extension to mid-March already announced.

The package, which commences from February 1 includes:

• A payment of up to $5000 per week (20% of payroll) for businesses with turnover between $75,000 and $50 million who suffered a 40% downturn in January and project to do the same in February.
• The Small Business Fees and Charges rebate program extended to $3000, and can include 50% of the costs incurred to acquire RATs for the workplace.
• Commercial landlord relief extended until 13 March.
• NSW performing arts package extended until April 2022 (see CreateNSW)

Click here to download our Client Guide to this business support package and eligibility requirements.

We know the dramatic impacts that Omicron has had on consumer confidence and your businesses viability, especially in what many of you had hoped would be your busiest time of the year.

What’s crucial now is that customers regain the confidence to fully return to businesses and high-streets. And to go about their normal activities in a safe manner.

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