Business advice
and accounting

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

We are always looking for ways to engage and give back to our community.

Telephone: +612 9283 1666
Email: admin@esvgroup.com.au

Level 13, 68 York Street,
Sydney NSW 2000

Why us

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

What we do

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Who do we help

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

Work with us

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

What we think

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

Working to give back

We are always looking for ways to engage and give back to our community.

Contact us

Telephone: +612 9283 1666
Email: admin@esvgroup.com.au

Level 13, 68 York Street,
Sydney NSW 2000

2021 Covid-19 Business Support Grant

20 July 2021

by David Prichard

Applications for the one-off 2021 Covid-19 Business Support Grant are now open for NSW businesses and close at 11:59pm on 13 September 2021. The new JobSaver scheme and Micro-business Covid-19 Support Grant programs are not open as yet, nor has the eligibility criteria been published. At this stage we expect further details to be announced by 23 July with applications opening on 26 July.

The Covid-19 Business Support Grant will be administered by ServiceNSW and businesses must prove they have suffered a decline in turnover over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and or July 2019. If you were not operating in 2019, businesses need to contact ServiceNSW to discuss their individual circumstances.

To be eligible for the grant, you must:

  • have an Australian Business Number (ABN) and been operating in New South Wales as at 1 June 2021;
  • have total annual Australian group wages of $10 million or less as at 1 July 2020;
  • had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020;
  • have business costs for which there is no other government support available;
  • have experienced a decline in turnover* due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019;
  • maintain your employee headcount as at 13 July 2021 for the period for which the business is receiving payments under this Grant and the JobSaver scheme.

*Eligible businesses (including non-employing businesses such as non-employing sole traders) and not-for-profits can apply for a one-off grant. Payment is dependent on the reduction in turnover suffered:

Reduction in turnover Payment
Tier three – more than 70% $15,000
Tier two – more than 50% but less than 70% $10,500
Tier one – more than 30% but less than 50% $7,500

If you meet the eligibility criteria you will need to provide evidence to support your application which includes:

  • declare you experienced the required decline in turnover due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019;
  • declare you have eligible expenses for which no other government support is available. Note – you will not be required to provide evidence of costs on application (e.g. invoices) but will need to keep evidence of costs for a possible future audit;
  • declare your employee headcount at 13 July 2021;
  • declare you will maintain your employee headcount as at 13 July 2021 for the period for which the business is receiving payments under this Grant and the JobSaver scheme;
  • provide details of your qualified accountant, registered tax agent or registered BAS agent for possible compliance checking;
  • submit an Australian Income Tax Return (or Notice of Assessment) or other documentation to demonstrate their business had an aggregated annual turnover of between $75,000 and $50 million (inclusive) for the year ended 30 June 2020; and
  • lodge other supporting documents as required to demonstrate that you meet the eligibility criteria including a letter from ESV Business advice and accounting.

Please note we are finding the ability to ‘apply online’ with ServiceNSW is currently showing the message “This transaction is not available at this time. Try again later.” As such, given the restricted availability to lodge and online application you should ensure that you are ready.  To do this please ensure you have done the following:

ESV Engagement Partners are here to assist our clients in getting the wheels in motion to apply for the Covid-19 Business Support Grant – please don’t hesitate to contact us if you have any questions.