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CLARENCE AND RICHMOND VALLEY SMALL BUSINESS URGED TO TAKE ADVANTAGE OF MAJOR NEW COVID-19 SUPPORT PACKAGE
CLARENCE AND RICHMOND VALLEY SMALL BUSINESS URGED TO TAKE ADVANTAGE OF MAJOR NEW COVID-19 SUPPORT PACKAGE
Small businesses in the Clarence and Richmond Valleys should seize the opportunities offered by the Nationals in NSW Government’s latest massive COVID-19 corporate stimulus initiative, Clarence Nationals MP Chris Gulaptis has urged.
“This is money the Nationals in Government are eager to plough into your firm, so you should operate on an ‘if in doubt, apply’ basis, because chances are that you will be eligible for something” Mr Gulaptis said.
“The new suite of measures includes grants of between $5,000 and $10,000 for small businesses and payroll tax deferrals for all employers.”
Mr Gulaptis said that, benefitting both hospitality businesses and local families, the popular Dine & Discover program has again been extended, this time to 31 August and for the first time people will be able to use the vouchers for takeaway food with participating outlets.
“There is great uncertainty about where we are doing with COVID-19 at the moment, but what is in no doubt whatsoever is the Nationals in Government’s determination to stand by family and small businesses and help them through this awful crisis,” Mr Gulaptis said.
NSW Premier Gladys Berejiklian agreed, saying the centrepiece of the package was the small business support grants which will help businesses by alleviating cashflow constraints while trading is restricted and can be used for expenses such as rent, utilities and wages.
“We always said we will do whatever it takes to support businesses and keep people in jobs during the pandemic and that is exactly what we are doing,” Ms Berejiklian said.
Three different grant amounts will be available for small businesses depending on the decline in turnover experienced during the restrictions – $10,000 for a 70 per cent decline, $7,000 for a 50 per cent decline and $5,000 for a 30 per cent decline.
NSW Treasurer Dominic Perrottet said the small business grants would also be available for sole traders and non-for-profit organisations, with expanded criteria to assist most hospitality and tourism operators hit hard by the restrictions during school holidays.
More information on the small business support grants and changes to the Dine & Discover program is available at service.nsw.gov.au.
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