If you’re a sole trader, the owner of a small business or a not-for-profit organisation in NSW, you may be eligible for the NSW Small Business Fees & Charges Rebate that was announced by the NSW Government last year. If eligible, you must apply before 24 June 2022 to ensure you can claim eligible fees and charges before the rebate period closes on 30 June 2022.
What is the NSW Small Business Fees & Charges Rebate?
The NSW Small Business Fees and Charges Rebate is aimed at supporting small businesses by reducing the cost of running a business during the COVID-19 period. Notably, eligible businesses or not-for-profits only need to apply for the rebate once, but can submit multiple claims until the full value of the rebate is reached. The initial announcement offered up to $1500 in rebates, with the full value now increased to allow up to $3000 to be claimed.
Funds can be used to offset the costs of eligible NSW and local government fees and charges due and paid from 1 March 2021. These include, but are not limited to:
- food authority licences
- liquor licences
- tradesperson licences
- event fees
- registration fees for motor vehicles
- council rates.
A full list is available on the Service NSW website.
Small businesses with employees are eligible to claim 50% of the cost of Rapid Antigen Tests (RATs), up to the rebate value of $3,000. Businesses without employees will not be able to use the rebate to claim the cost of RATs.
Who is eligible for the NSW Small Business Fees & Charges Rebate?
To be eligible for this rebate, small businesses (including non-employing sole traders) and not-for-profit organisations must:
- have total Australian wages below the NSW Government 2020-21 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
How do I apply for the NSW Small Business Fees & Charges Rebate?
To apply for the rebate, you’ll need:
- a MyServiceNSW Account
- your proof of identity
- your valid ABN/ACN
- your business banking details for payment.
The deadline for applying for the NSW Small Business Fees & Charges Rebate is 24 June 2022. When running a small business, every dollar that you can save or claim can help to make a difference. Make sure you take advantage of the NSW Small Business Fees & Charges Rebate and apply today to ensure that you don’t miss out.
Need Help?
For advice and assistance in claiming the NSW Small Business Fees & Charges Rebate or for assistance with any other taxation or accounting matters, contact our team of experienced tax accountants by calling us on 1300 QUINNS or +61 2 9223 9166 or complete an online enquiry to arrange an appointment.
First published: 7 Dec 2021
Revised: 14 June 2022