Fresh support announced as NSW gets back to business
As part of the Economic Recovery Strategy, the NSW Government has committed to provide a Summer Holiday Stock Guarantee grant for Small and Medium Enterprises.
Under the SME Summer Holiday Stock Guarantee, hospitality and retail businesses will be able to apply for a grant of up to $20,000 to compensate for loss of perishable stock, or claim $10,000 for reduced capacity to sell non-perishable items, if they’re forced to close their doors between 1 December 2021 to 31 January 2022, due to a public health order.
Eligible hospitality and retail businesses with an annual turnover between $75,000 and $50 million will be able to apply via the Service NSW website: https://www.service.nsw.gov.au/.
Please be aware that there is a high level of scamming activity around COVID-19 rules and regulations and, in particular, grants and relief. These scams are increasingly sophisticated and many involve impersonation such that they may appear to come from legitimate advisors (such as Allan Hall).
At Allan Hall, we will never request money upfront, deposits, transfers to personal accounts, payments via gift cards or other unexpected or unusual payment methods. If in any doubt, contact us via phone before taking actions that appear to be at the request of Allan Hall.