NSW Government Small Business Fees and Charges Rebate
What is it?
As of April 2021 a rebate from the NSW government has been available. This rebate applies to small businesses and allows for a maximum rebate of $1,500. The rebate can be used to offset the costs of eligible NSW and local government fees. Eligible fees include, but are not limited to:
- Liquor licences
- Tradesperson licences
- Outdoor seating fees
- Council rates
- Food authority licences
- Event fees
This rebate can be used for eligible fees and charges that were due and paid after the 1st of March 2021. It cannot be used for fines that have a key purpose of discouraging negative behaviour, Commonwealth government charges, rent on government premises, or taxes. Eligible businesses can submit multiple claims until they have reached the full rebate of $1,500. The rebate is available until 30 June 2022.
Are you eligible?
A small business and not-for-profit organisation must fit the following criteria to be classed as eligible:
- Have total Australian wages below the NSW government 2020-2021 payroll tax threshold of $1.2 million
- Have an Australian Business Number (ABN) registered in NSW and/or have business premises physically located and operating in NSW
- Be registered for goods and services tax (this is not a requirement for not-for-profits)
- Provide a declaration that the business has a turnover of at least $75,000 per year.
What documentation is needed?
Each time the rebate is applied for, you must supply:
- A MyServiceNSW Account
- Your proof of identity
- Your valid ABN/CAN
- Your business banking details for payment
It must be noted that two proof of identity documents are required. These documents can include:
- Australian divers licence
- Medicare card
- Australian passport
- Australian birth certificate
- Australian travel visa
- Australian citizen certificate
- Australian certificate of registration by descent
- Australian ImmiCard
How to apply?
- Firstly, you will need to confirm you have all documentation and have met eligibility criteria.
- You will then go through your MyServiceNSW account and apply online.
- With your documentation already with you, you will be able to easily follow the steps to apply and finish your application.
For more information or assistance please contact Infinite Accounting Solutions on 02 9899 4730 or via the contact page at www.ias-ca.com.au