Are you eligible for a small business grant?

Sydney Outsourced CFO Thomas Taylor - Wednesday, August 22, 2018

The NSW government is giving small businesses in NSW a grant of $2000 if they employ new full-time, part-time and casual workers in NSW.

To be eligible, the business needs to:

  • Have an active Australian Business Number (ABN)
  • Be exempt from the payroll tax for a financial year

In addition, the employment of the person must:

  • Fill a new job.
  • Have started after 1 July 2015 and before 1 July 2019.
  • Be maintained for 12 months.
  • Mean that the number of your NSW FTE employees prior to hiring them increases and the number is maintained over a 12-month period.
  • Mean the role is performed wholly or mainly in NSW.

The claim needs to be lodged within 60 days after the 12-month anniversary date.

Businesses can apply online at http://www.revenue.nsw.gov.au/grants/sbg/online

For further information, please visit http://www.revenue.nsw.gov.au/grants/sbg

 

Thanks to Darren Wu for this post.

Photo by Erik Witsoe on Unsplash


 

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