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COVID-19 Tax Relief Measures NSW

Australian Government · Australia

Tax relief support is available for eligible New South Wales businesses impacted by COVID-19. The measures include payroll tax deferral arrangements and a 50% reduction in 2021/22 payroll tax liability for certain businesses.

Duration

2021/22 financial year

Location

New South Wales

Who Can Apply

• Must be a New South Wales business impacted by COVID-19 • Total grouped Australian wages for the 2021/22 financial year must be $10000000 or less • Eligible payroll tax customers who received a 2021 COVID-19 Business Grant or JobSaver payment can receive a 50% reduction in annual payroll tax liability • Businesses that did not receive a 2021 COVID-19 Business Grant or JobSaver payment may still qualify if they can demonstrate a 30% decline in turnover • The turnover decline must be during a minimum 14-day period in the Greater Sydney lockdown from 2021-06-26 to 2021-11-30 compared with the same period in 2019 or 2020
Available to New South Wales businesses impacted by COVID-19. The page states that payroll tax customers eligible for a 2021 COVID-19 Business Grant or JobSaver payment whose total grouped Australian wages for the 2021/22 financial year are $10 million or less will have their annual tax liability reduced by 50% when they lodge their 2022 Annual Payroll Tax Reconciliation online. Customers with total grouped wages of $10 million or less who did not receive a 2021 COVID-19 Business Grant or JobSaver payment may still be eligible if they can demonstrate a 30% decline in turnover during a minimum 14-day period during the Greater Sydney lockdown from 26 June to 30 November 2021 compared to the same period in 2019 or 2020.

What's Funded

Relief is provided through payroll tax deferrals, support payment arrangements, and reductions in payroll tax liability for eligible businesses affected by COVID-19 restrictions.

Expected Outcomes

Eligible businesses receive reduced payroll tax obligations or deferred payment arrangements to support business continuity during COVID-19 impacts.

Key Information

Applicant Types

companysole_traderpartnershiptrustother

Stage

any

Funding Purposes

other

Keywords

COVID-19tax reliefpayroll taxNew South WalesRevenue NSWJobSaver2021 COVID-19 Business Grantbusiness support

Frequently Asked Questions

1

What is the COVID-19 Tax Relief Measures NSW?

The COVID-19 Tax Relief Measures NSW is a business grant offered by Australian Government in Australia. Tax relief support is available for eligible New South Wales businesses impacted by COVID-19. The measures include payroll tax deferral arrangements and a 50% reduction in 2021/22 payroll tax liability for certain businesses.
2

Who is eligible for the COVID-19 Tax Relief Measures NSW?

  • Must be a New South Wales business impacted by COVID-19
  • Total grouped Australian wages for the 2021/22 financial year must be $10000000 or less
  • Eligible payroll tax customers who received a 2021 COVID-19 Business Grant or JobSaver payment can receive a 50% reduction in annual payroll tax liability
  • Businesses that did not receive a 2021 COVID-19 Business Grant or JobSaver payment may still qualify if they can demonstrate a 30% decline in turnover
  • The turnover decline must be during a minimum 14-day period in the Greater Sydney lockdown from 2021-06-26 to 2021-11-30 compared with the same period in 2019 or 2020
3

What activities are funded?

Relief is provided through payroll tax deferrals, support payment arrangements, and reductions in payroll tax liability for eligible businesses affected by COVID-19 restrictions.
4

How do I apply for the COVID-19 Tax Relief Measures NSW?

Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.

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