Up to 200,000 business licence holders operating across the trades and construction sectors will have they licence fees due in 2020 erased thanks to the NSW Government.
Member for Riverstone, Kevin Conolly said the licence fee waivers were a crucial part of the NSW Government’s first economic stimulus package.
“These fee waivers will deliver much-needed relief for small businesses, at a time when cash flow is crucial,” Mr Conolly said.
“Up to 200,000 business licence holders, many of whom live in this electorate and operate their own small business, will benefit from this fee relief package over the next 12 months. It is the least we can do to support these businesses and their staff through this challenging time.”
The measures will deliver close to $50 million worth of fee waivers to tradies for 12 months.
Mr Conolly said the measures would help businesses during one of the hardest economic challenges in our lifetime.
“These measures put business and workers first so they can continue to be the lifeblood for their communities across the State,” Mr Conolly said.
“We’re going to help them withstand this storm, so they can hit the ground running later.”
This week’s announcement follows the first set of fee waivers which have started to come into effect, including $19.5 million in state-based fee relief for industries. It gives eligible businesses in the entertainment and hospitality sectors access to a 12-month waiver on liquor licences and certain SafeWork NSW and NSW Fair Trading fees and charges.
To date, the NSW Government has provided more than $8 billion in response to COVID-19 to support the NSW healthcare system and keep people in jobs.
For more information visit www.nsw.gov.au