Wednesday, May 18, 2022

Small business fees and charges discount increases to $3000

The Small Business Fees and Charges Rebate will increase from $2000 to $3000 from today, with eligible employing businesses and not-for-profit organisations also able to claim a rebate of 50 per cent on the cost of Rapid Antigen Tests (RATs).

Minister for Customer Service and Digital Government Victor Dominello said the changes will further support businesses to grow by reducing costs.

“Once approved, businesses will be provided with a $3,000 digital voucher in their Business Profile which applicants can claim against,” Mr Dominello said.

“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.

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

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.

“We understand how tough it has been for so many businesses and this will provide further support where needed,” Ms Petinos said.

“Throughout this pandemic we have backed small businesses and these changes reflect our continued commitment to helping them keep costs down and doors open.

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“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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