Financial-Assistance-for-Individuals-and-Businesses

We know times are tough, and we all may need a little bit of extra help. In this global pandemic the NSW Government and the Australian Government will provide financial assistance and support if you have been impacted by COVID-19 and you are experiencing financial difficulty. There are currently the  COVID-19 disaster payments and the Pandemic leave disaster payment benefits. The COVID-19 disaster payments payment helps workers who are unable to earn money due to a COVID-19 lockdown or hotspot. This is available to eligible people in a Commonwealth-declared COVID-19 hotspot. You will be eligible for pandemic leave disaster payment if you can’t earn money because NSW Health has directed you to self-isolate or quarantine for 14 days or you are caring for someone who has COVID-19 and you may be eligible for financial support.

For residential tenants

An eviction moratorium is in place until 11 September 2021. Landlords who decrease rent for impacted tenants can apply for a grant or land tax reductions depending on their circumstances.

Vouchers and rebates

The Dine & Discover NSW voucher program has been extended to 31 August 2021. Customers will also be able to redeem their Dine voucher on takeaway delivered from a business registered for the Dine component of Dine & Discover NSW. Rebates continue to be available for individuals and households to help with the cost of living.

2021 COVID-19 Support Package

The NSW Government will provide financial assistance, support measures and tax relief to help businesses and people across the state impacted by the current COVID-19 restrictions.

COVID-19 business grant

A one-off payment to help businesses, sole traders or not-for-profit organisations impacted by the current Greater Sydney COVID-19 restrictions.

Grants between $7,500 and $15,000 are available to eligible businesses depending on the decline in turnover experienced during the first 3 weeks of COVID-19 restrictions (26 June to 17 July 2021).

To know more you can visit

https://www.nsw.gov.au/covid-19/financial-support

At SMG we can assist you in applying for these government grants and benefits  if you have lost your job or had your work hours changed because of COVID-19.In this tough situation if you want us to manage your personal finances, need help with bookkeeping, accounting or tax, or you are after more trading advice, financial forecasting & modelling or any other finance-related services, our experts can provide you the best services.

During this pandemic we provide online financial advisory services through Zoom, Teams, google meets and also skype so now we are working with and are available virtually for everyone. Our team can help you determine what types of financial services you may need through an expert financial plan. We work hard to save your time, money and help you avoid pitfalls so your business always performs well.

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