The small business fees and charges rebate will increase from $2000 to $3000 in late March 22.
If you’ve already registered for the rebate, you do not need to do anything – you will receive an automatic top-up of $1000 to your rebate. Businesses newly registering will receive a rebate of $3,000.
Eligible employing small businesses will be able to use the rebate against the cost of rapid antigen tests (RATs).
The NSW State Government has introduced a Small Business Fees and Charges Rebate to assist businesses to recover from the impacts of COVID-19 and encourage growth by reducing the costs of running a business.
If you are a sole trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for the $2,000 rebate. The rebate can be used to offset the costs of eligible NSW and local government fees and charges due and paid from 1 March 2021.
These include, but are not limited to:
- food authority licences
- liquor licences
- tradesperson licences
- event fees
- outdoor seating fees
- council rates
- road user tolls for business use
To qualify for the rebate, small businesses (including non-employing sole traders) and not for profit organisations must:
- have an Australian Business Number (ABN) registered in NSW and/or have business premises physically located and operating in NSW;
- have total Australian wages below the NSW Government 2020-2021 payroll tax threshold of $1.2 million;
Only one $2,000 rebate is available for each ABN, and you will need to supply supporting documentation when applying for the rebate, and each time you make a claim.
The rebate will be available until 30 June 2022.
For further information and to apply online, Click Here.
Should you be eligible for the rebate and require an accountant’s letter, please contact the team at Kennedy Cross.