$2,000 up for grabs for small employers

If you're a small employer adding to your workforce, the NSW Government wants to give you a helping hand.

With the recent visit of the Small Business Minister John Barilaro to the region, a few of us at Maxim were fortunate enough to hear the Minister speak at the Hunter Business Chamber Development Forum breakfast in September. There is no doubt that the NSW State Government is pro-business right now.

This particular boon is on offer for businesses who currently do not pay Payroll Tax and is a sister program to the existing Jobs Action Plan for larger employers. If your business is creating new jobs in NSW you're entitled to $2,000, if you can satisfy certain criteria.

How many boxes can you tick?

o Payroll < $750,000 p.a. and not paying NSW Payroll Tax
o You create a new position and fill it, any time between July 2015 and June 2019, for work mainly in NSW
o That new position and employee is retained for at least 12 months
o Your workforce increases and is maintained for those 12 months

It's that simple and there's no strings attached. The NSW Government wants to give you money!

It's a great incentive for the nearly 650,000 small businesses in NSW and helps ease the costs that occur when putting on someone new.  The Hunter region in particular and NSW as a whole can benefit greatly from new employment opportunities.

To find out how you can claim the $2,000 Small Business Grant or the $5,000 Jobs Action Plan contact Maxim Accounting & Business Advisors on (02) 4925 1000.

 

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