Summary of NSW COVID-19 lockdown business support
Outlined below is a summary of government support measures introduced to help New South Wales businesses during the extended COVID-19 lockdown announced in July 2021. Chartered Accountants can help businesses break down the information for their clients and stakeholders.
Service NSW Toolkit and Webinar for accountants
In response to questions submitted by CA ANZ and other professional associations, 新南威尔士州政府发布了一个工具包, including FAQs and Webinar to help advisers address some of the issues raised by accountants grappling with the details behind various NSW COVID business support measures. Advisers and their clients are urged to check the Toolkit regularly as more Q&As are added.
澳新银行经常问的问题
The form and eligibility criteria of the NSW COVID-19 business support package is constantly evolving. CA ANZ has received a high volume of questions from members and we are actively seeking answers to these questions from the NSW Government.
澳新银行开发了一种 FAQ document that members can download from My CA. We will continue to update the FAQs as further answers are provided by the government. We have also developed a summary of the key issues and questions raised by members.
经常更改新南威尔士州服务文件
Service NSW periodically amends key documents (e.g. Guidelines, Terms and Conditions) and adds material to ‘Common questions” documents referred to in the table. The changes made are not highlighted for the reader. We urge you to check these resources and ensure you are accessing the latest version published on the Service NSW website.
New NSW COVID-19 business support measures Working Group
CA ANZ is part of a newly formed COVID-19 business support Working Group with Service NSW and NSW Treasury.
Service NSW and NSW Treasury have agreed to meet weekly with the Working Group, 其中包括澳新银行, 澳大利亚注册会计师和税务研究所, to identify and address concerns for accountants helping clients to access NSW COVID business support. The first meeting was held on 19 August 2021.
We expect these discussions will lead to updated guidelines and more Q&新南威尔士州服务网站上的材料, particularly for the JobSaver Payment and the COVID-19 Micro Business Grant.
CAs who would like CA ANZ to raise their questions and issues (whether technical or administrative) directly with Service NSW are urged to email the CA ANZ Tax Team with the details at [email protected].
Measure | Summary | Resources |
COVID-19灾难付款 |
Under a combined Commonwealth and NSW Government support package, the COVID-19灾难付款 has been expanded and increased. From week four of a lockdown because of a Commonwealth Government declared hotspot, the Payment will increase to $750 pw (up from $600 pw) if a person has lost 20 or more hours of work a week or $450 pw (up from $375 pw) if a person has lost between 8 and less than 20 hours of work a week or a full day of work. The new national payment rate commenced in the week of 2 August and will be automatically updated for existing recipients. It will be available from day one of any lockdown in the future, 从第8天就开始拖欠欠款, with a weekly payment then made for the duration of the Commonwealth hotspot declaration. 流动性资产测试将不适用. The COVID-19灾难付款 is non assessable income and non exempt income for tax purposes. This applies to assessments for the 2020-21 income year onwards. 申请开始和结束的安排
Claims for the week of 1 July closed on 28 July 2021 and weekly thereafter, e.g. claims for the week of 8 July close on 4 August 2021 and so on. |
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2021年COVID-19企业赠款 |
A one-off grant depending on decline in turnover experienced over a minimum 2-week period from 26 June 2021 to 17 July 2021, 与可比时期相比:
适用于商业(非盈利性):
Employee headcount retention condition applies. The grant may be tax free now that the Commonwealth Bill has passed. 参考ATO指南. Applications open: 19 July 2021. Applications close: 13 September 2021 |
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2021年JobSaver付款 |
Fortnightly payments between $1,000 and $100,000 a week for the period from 18 July 2021 to eligible employers and sole traders (including not for profits) with aggregated annual turnover between $75,000美元和2.5亿美元(从5000万美元上升):
30% turnover decline test and employee headcount retention conditions apply. For sole traders, the business must be their primary income source. The payments may be tax free now that the Commonwealth Bill has passed. 参考ATO指南. Applications open: 26 July 2021 Applications close: 18 October 2021 |
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2021年COVID-19微型企业赠款 |
Fortnightly payment of $1,500 to businesses (including not for profits) with annual turnover between $30,000 and $75,000.
The grant may be tax free now that the Commonwealth Bill has passed. 参考ATO指南. Applications open: 26 July 2021. Applications close: 18 October 2021. |
Apply at Service NSW |
Payroll tax relief |
2021/22 payroll tax waivers of 25% for businesses with Australian payrolls between $1.2M and $10M that have experienced a 30% decline in turnover, as well as payroll tax deferrals and interest free repayment plans. NSW businesses with a payroll tax liability have the option to defer lodgement and payment of their 2020/21 annual reconciliation until 7 October 2021. |
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Land tax relief |
Commercial, retail and residential landlords eligible for land tax relief equal to the rent reductions granted to financially distressed tenants up to 100% of their 2021 land tax liability. Available for rent reductions made from now until 31 December 2021. |
NSW government support for residential and commercial tenants |
住宅租约支援费 |
Residential landlords not subject to land tax can apply for either:
广义资格:
The 住宅租约支援费 now provides up to $3,每份租赁协议$ 000(原为$1),500). 已经索赔高达1美元的房东,500 can make a further claim for reduced rent up to a total of $3,000. |
NSW government extension of support – 16 August NSW government support for residential and commercial tenants |
商业业主授予 |
A $40 million Hardship Fund will be established to provide a monthly grant of up to $3,000 for small commercial or retail landlords who provide rental waivers of at least the value of the grant and any land tax relief they are eligible for. Further information is available on the Service NSW website. |
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游戏机减税 |
Deferral of gaming tax assessments for clubs until 21 December 2021 and hotels until 21 January 2022. | |
中小企业收费返利 |
Sole traders, owners of a small businesses and not-for-profits may be eligible for a fees and charges rebate of $1500 to offset the costs of eligible NSW and local government charges due and paid from 1 March 2021. 退税有效期到2022年6月30日. |
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Employee relations |
不像2020年的JobKeeper, there are no Fair Work national “enabling directions” governing standdowns or reduced hours. Businesses should seek legal advice on employment law issues. |
最后更新:2021年8月24日
Related downloads
Service NSW Toolkit
NSW Government Toolkit including FAQs to help advisers address COVID business support issues.
从MyCA下载PPTCA澳新银行常见问题
澳新银行开发了一种 FAQ to respond to questions from members about the NSW COVID-19 business support.
从我的CA下载常见问题Related Reads
Key member questions about NSW COVID assistance
CA ANZ is actively seeking answers from the NSW Government to a number of questions raised by members
Read moreHelping your clients access COVID-19 financial support
Considerations for accountant sign-offs for COVID-19 assistance
Read moreResponding to requests from your client’s financiers
Members are advised to exercise a high degree of caution
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