July 2016 Edition-Small business grant $2,000
Small business grant $2,000

Small business grant $2,000

For businesses not paying payroll tax that employ new staff

The small Business grant is available for small businesses that do not pay payroll tax and employ new staff starting from 1 July 2015.

 

Businesses have to employ full time / part time & casual staff in NSW and can receive up to $2,000 per full time employee when their one year anniversary date of employment is completed. Part time employees, the payment will be prorated based on full time equivalent hours.

 

Eligible Businesses

The Business must have an active Australian Business Number (ABN) and is not liable for payroll tax for the financial year.

 

Eligible employment period


  • The position is a new job. The employment commences on or after 1 July 2015 and before 1 July 2019
  • The employment is maintained for a period of 12 months
  • Number of NSW full time equivalent employees, prior to creating a new position increases and is maintained over 12 months period
  • The employee services are performed in NSW.

Application registration:

Employers are required to register their business and the employment of a person in a position that is a new job. Registration for the grant can be made within 60 days after the employment starts see this link www.osr.nsw.gov.au/info/online/sbg

 

Employer needs to provide below information at the time of the registration.


  • New employee's start date
  • New job title
  • Type of job ( Full time/ Part time/ Casual)
  • Postcode ( Suburb where job is situated)
  • New employee full name
  • New employee's date of birth
  • Number of existing staff working over and under 35 hours per week immediately before the new job was filled
  • Total number of hours worked per week by all staff working less than 35 hours per week
  •  Number of full time equivalent (FTE) employees immediately before the new job was filled. You will have the option for OSR to calculate your FTE employees or manually calculate this figure


Lodging a claim

Employers must provide evidence of the payroll such as wages records. BAS records with PAYGW details & WorkCover records.

 

Excluded payment

  • Wages were paid under the meaning of the payroll tax act 2007
  • Employer is a public, local or municipal body or authority
  • A rebate, subsidy or other assistance is payable to the employer for the employment of the person by the state
  • The person engage by your business as a contractor or subcontractor
  • Pay wages to employees working in religious institution or charity


For assistance or more information contact the Goodwin Chivas team.

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