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 $1500 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
To qualify for the rebate, small business (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;
- be registered for GST;
- have total Australian wages below the NSW Government 2020-2021 payroll tax threshold of $1.2 million;
- Provide an accountant’s letter stating that the business has a turnover of at least $75,000 per year.
Only one $1500 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.
For further information and to apply online, Click Here.
Should you be eligible for the rebate, please contact the team at Kennedy Barnden so that we can supply you with the accountant’s letter.