Member for Goulburn Wendy Tuckerman has welcomed the 2020-21 NSW Budget announcement of $1,500 worth of digital vouchers to help tens of thousands of small and medium-sized businesses pay for government fees and charges.
Mrs Tuckerman said up to $500 million had been allocated in the 2020-21 NSW Budget for the new vouchers to ease financial pressure on small businesses.
“I know this initiative will be a welcome relief to small business below the payroll tax threshold across the electorate,” Mrs Tuckerman said.
Minister for Finance and Small Business Damien Tudehope said the initiative would provide a critical cash injection for smaller businesses below the payroll tax threshold.
“These new digital vouchers will be of huge benefit to the many entrepreneur and mum and dad businesses across NSW,” Mr Tudehope said.
“The vouchers will be available from April 2021, which is when many licence fee waivers will expire, along with the end of JobKeeper, and they will no doubt be a very helpful boost at a critical time.”
Treasurer Dominic Perrottet said the vouchers would leave more money in the pockets of small and medium businesses as NSW ramps-up its economic recovery.
“Small businesses have had to deal with the triple crises of bushfires, droughts and COVID-19 and it’s important that we support them to keep their lights on and their doors open,” Mr Perrottet said.
“When we help businesses stay in business, we keep people in jobs which will help us build a better NSW.”
Minister for Customer Service Victor Dominello said Service NSW would assist with issuing eligible businesses with the vouchers, with further information to become available on the Service NSW website in coming weeks.
Other Budget measures to support business include payroll tax relief, the Out & About program and an extension of the Business Connect program for three years.