Small Business Fees and Charges Rebate: What’s changed and how to apply

This is an image of a female shop assistant placing a 'we are open' sign on the door of a shop. She is wearing a face mask and an apron.

After more than 106 days of lockdown ending at the start of October 2021, restaurants, gyms, retail stores and businesses have started to open their doors again. In support of small businesses, the NSW Government has announced additional rebates for businesses with a payroll of less than $1.2 million.

About the rebate

Back in March of 2021, the Small Business Fees and Charges Rebate was introduced. This was designed to help NSW businesses recover from the impacts of COVID-19, and to encourage growth by reducing costs for businesses.

What’s changing?

As part of the state’s Economic Recovery Strategy, the existing rebate is being increased by $500, from $1,500 to $2,000 per business. The rebate will be eligible for use until 30 June 2022.

The extended support package will also enable small businesses to claim for a range of services and charge costs, including (but not limited to):

  • Licensing fees
  • Events and outdoor seating fees
  • Council rates
  • Road user tolls (for business use)

Who’s eligible?

The increased rebate is applicable to the following:

  • Non-employing sole traders
  • Small businesses
  • Not-for-profit organisations

In order to be eligible, the following criteria must be met:

  • Have total Australian wages below the NSW 2020-2021 tax threshold of $1.2 million
  • Have an Australian Business Number (ABN) registered in NSW, and/or have business premises located and operating in NSW

How will this help?

The additional financial relief provided by the rebate will support small businesses in getting back on their feet, providing them with confidence to open up again and plan for the future of their business growth. 

How to apply?

The rebate will be available as of 10 December 2021. It’s important to note that funds can only be used to offset the costs of eligible NSW and local government fees/charges, that were due and paid from 1 March 2021.

You’ll need to provide supporting documentation (such as receipts and invoices) when applying for the rebate. 

To find out if you’re eligible for the Small Business Fees and Charges Rebate and more information on what you can claim, visit Service NSW.

Summer holiday stock guarantees for small businesses

The NSW government has also guaranteed the stock of small businesses that may be affected by future lockdowns. The Summer Holiday Stock Guarantee for Small and Medium Enterprises will be available if non-essential businesses are forced to close due to public health orders between 1 December 2021 and 31 January 2022. 

It is hoped that this will give businesses the confidence to buy stock in preparation for a busy Christmas and summer trade.

KeyPay offers simple payroll reporting at a glance, so that you don’t have to spend time searching for whether your wages are below the payroll tax threshold. 

Learn more about KeyPay here, or sign up for a 30-day free trial (no strings attached).

Sophie Borton-Sutherland

NZ Partner Marketing

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