2021 COVID-19 Business Supports
If your business is adversely impacted by NSW lockdowns, support is available.
A short-term eviction moratorium is in place for rental arrears where a tenant has:
- An annual turnover of up to $50 million; and
- Is eligible for the Micro-business COVID-19 Support Grant, the COVID-19 NSW Business Grant and/or the Job Saver Grant.
Commercial and retail landlords will need to attempt mediation before recovering a security bond or locking-out or evicting a tenant impacted by Public Health Orders.
See the NSW Small Business Commissioner for further details.
Land tax relief
Land tax relief equal to the value of rent reductions provided by commercial, retail and residential landlords to financially distressed tenants is available for up to 100% of the 2021 land tax liability.
See Apply for COVID-19 land tax relief and Residential Tenancies Moratorium Application for rent negotiation
Payroll tax and lodgement deadline deferred
The due date for the 2020-21 annual reconciliation has been deferred until 7 October 2021. You also have the option of deferring July and August 2021 payroll tax payments until 7 October 2021.
Previous payroll tax deferrals and payment arrangements for 2020-21 due in July 2021 have not been deferred.
See Revenue NSW for further details.
25% payroll tax waiver for businesses between $1.2m and $10m
Businesses with Australian wages of between $1.2 million and $10 million that have experienced a 30% decline in turnover, will be provided with a 25% payroll tax waiver in 2021-22. Further details of the reduction will be available by the end of August from Revenue NSW
Gaming machine tax deferrals
All businesses paying hotel or club gaming machine tax will be able to defer the taxes for the 2021-22 financial year:
- Hotels: deferrals for June and September quarter until 21 January 2022.
- Clubs: deferrals for the August quarter until 21 December 2022.
The NSW Performing Arts COVID support package covers performances impacted by NSW Government Public Health Orders from 26 June 2021.
The funding amount per performance is calculated using a formula of average ticket price multiplied by the number of tickets available for sale and a specified percentage tied to the lockdown period.
To be eligible for funding, you must be one of the following:
- An eligible venue
- A producer of an eligible performance scheduled to perform at one of the eligible venues
- A promoter of an eligible performance scheduled to perform at one of the eligible venues.
See the full details and the list of eligible venues and performances here.
How to apply
Applications are made online through SmartyGrants.
We’re available to assist you with the lockdown support for your business.
Some of the details for the grants are not yet available. We will keep you up to date.