Small businesses get $1k windfall

Small businesses have been handed a $1,000 bonus with the Small Business Fees and Charges Rebate increasing from $2,000 to $3,000.

by | Mar 27, 2022

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As well as eligible employing businesses and not-for-profit organisations will now also be able to claim a rebate of 50 per cent on the cost of rapid antigen tests (RATs).

The Minister for Customer Service and Digital Government, Victor Dominello, said once approved, businesses will be provided with a $3,000 digital voucher in their business profile that applicants can claim against.

“Businesses who have reached the cap of the rebate will now see their MyServiceNSW Business Profile account topped up with an additional $1000 to access the rebate for RATs, or to put towards their other claimable business expenses,” he said.

Eligible businesses can lodge their proof of payment and 50 per cent of their expenditure on RATs will be reimbursed back into bank accounts.  

The Minister for Small Business, Eleni Petinos, said the rebate had tripled in value since it was first introduced in 2021 with more than 88,000 businesses collectively saving approximately $119 million.  

She said the funds can be put towards the cost of NSW government fees and charges such as food authority licences, liquor licences, tradesperson licences, event fees, outdoor seating fees, council rates and road user tolls for business use.

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