In addition to general waivers, reductions or rebates on some Government licensing and fees, each State and Territory has some form of support accessible to certain businesses impacted by COVID-19.
Australian Capital Territory
|Rate deferrals||Rate deferrals for commercial property owners affected by COVID-19.||1 April 2021|
|Payroll tax deferral||All ACT businesses with Australia-wide wages of up to $10 million can apply to defer their 2020-21 payroll tax, until 1 July 2022.|
New South Wales
|Payroll tax deferral||Option of deferring 2019-20 payroll tax to October 2020. Instalment plans can be entered into after October 2020.
Payroll tax threshold has increased to $1m for 2020-21.
|Small business recovery grant||Grants of between $500 and $3,000 to help small business reopen safely.||16 Aug. 2020|
|Export assistance grants||Up to $10,000 for up to 1,000 eligible small or medium NSW export businesses that have experienced disruptions to freight channels or reductions in orders. Opening soon.|
|Business hardship package||A package of concessions including payroll tax waiver or deferral, council rates, utilities and rate concessions.||30 Sept. 2020|
|Adaption grant||Funding of up to $10,000 for regional micro and small businesses to adapt and sustain operations.||When allocation exhausted|
|Payroll tax relief||Payroll tax deferrals for the 2020 calendar year.||31 Dec. 2020|
|Support when employing apprentices||A range of grants and support when you hire an apprentice – up to $5,000 for hiring an apprentice, $1,500 on equipment reimbursement, and up to $5,200 off the Group Training Organisation charge out rate.||Generally 31 Aug. 2020|
|Small business sustainability||Grants of up to $5,000 for businesses with fewer than 20 employees to reopen and rebuild.||24 Aug. 2020|
|Business Support Fund||One-off grant of $10,000 for employers in metropolitan Melbourne and Mitchell Shire and $5,000 in regional local government areas.||14 Sept. 2020|
|Regional Tourism Accommodation Support||Up to $225 per night up to a maximum of $1,125 per bookable accommodation for cancelled bookings during stage 3 restrictions.||19 Aug. 2020|
|CBD Business Support Fund||$20m fund for CBD businesses. No details available as yet but register your interest.|
|Night-time economy support||$30m fund for hospitality businesses. No details available as yet but register your interest.|
|Payroll tax deferrals||Businesses with payrolls up to $10 million can defer their liabilities for the first half of the 2020-21 financial year.|
|Payroll tax refunds||Eligible businesses can claim an emergency tax relief refund of payroll tax already paid in the 2019-20 financial year.|
|International competitiveness co-investment||Matched funding of between $50,000 and $100,000 for existing exporters (under 200 employees) of food, beverages and services into Asia.||12 Aug. 2020|
|Payroll tax relief||The tax-free threshold increased to $1m on 1 July 2020.
Automatic grants of $17,500 are being paid to employers with annual Australian taxable wages of more than $1m and up to $4m in 2018-19.
|Support when employing apprentices||A one-off payment of $6,000 for an apprentice and $3,000 for a trainee employed from 1 July 2020.||30 June 2021|
|Incentive to employee apprentices||Incentive of up to $8,500 for employing an apprentice or trainee from 1 July 2019.|
|Local Capability Fund||Fund to increase capability of SMEs for planning, improvements to internal infrastructure, plant and equipment and training. Current rounds include cost recovery for: PPE manufacturing (up to $500k) and feasibility (up to $20k), and general recovery and growth (up to $100k) for supply to certain industries.|
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This article was written by a third party.