NSW $10,000 Covid-19 Support Grant Applications

The NSW $10,000 Covid-19 Support Grant Applications are available now until 1 June 2020. If you are eligible, don’t miss the deadline.

Main criteria to meet the eligibility requirements:

  • Business must be based in NSW
  • Must be registered with an ABN as at 1 March 2020
  • Employ 1-19 staff as at 1 March 2020
  • Be able to report payroll below the 2019/2020 payroll tax threshold of $900,000
  • Have experienced a drop in turnover of 75%
  • Have more than $75K turnover (Business Activity Statement required as evidence)

How does a business apply for a small business grant? https://www.service.nsw.gov.au/transaction/apply-small-business-covid-19-support-grant#eligibility
  If you have any concerns or would like more information or assistance on the grant above, please speak to your MNH Advisory Services team member.

The information (including taxation) contained within this document is of a general nature only and neither represents nor is intended to be advice on any particular matter.

Posted in Accounting, Business Advisory, COVID-19, Taxation Advice

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