Fullstack Logo

Small Business Grant

small business grant

Been hiring recently? You’ll be pleased to note that the NSW government is keen to help out businesses increasing their total number of staff via the Small Business Grant. Read on to find out more about eligibility.

What is the Small Business Grant?

The Small Business Grant is designed to help out NSW small businesses with a once-off payment of up to $2,000 for each new full-time position in the business. Part-time & casual employees are eligible for pro-rata payments.

When to register and when to claim?

Online registration for the grant must be done within 60 days of the employee’s start date.

Upon anniversary, the grant must be claimed within 60 days also.

Note: the grant scheme ceases 1 July 2019 so please be quick in registering for the grant!

How am I eligible for the Small Business Grant?

To be eligible you’ll need an ABN and be under the payroll tax threshold of $850,000 in wages per year.

Then you’ll need to hire talent! Most employees – fulltime, part-time or casual – are eligible providing they have not already worked for your business.

Once the new position has been sustained for more than 12 months you’ll be eligible for $2,000 at the anniversary date of the hire.

Employees performing 50% or less of their services in NSW or contractors are excluded.

Hiring employees in Australia can be costly but also add dramatic value to your startup. The Small Business Grant can definitely help lighten the cash impact. If you need assistance in preparing for the Small Business Grant please reach out.

Was this article helpful?


Stuart Reynolds
is the founder of Fullstack Advisory, an award-winning accounting firm for businesses leading the future. He is a 3rd generation accountant who specialises in tech companies, crypto and entrepreneurs.

Share this Article

Find out more.

Need accounting

Request a consultation and speak to one of our business accountants & advisors. Get clear next steps for your project.

Connect with us

Ask Us a Question?

Reach out to us about any of the topics in this article.

error: Content is protected !!

Via online meetings, email or phone, we are keen to help you get to the next level.

When it suits, just pop a time on the calendar.


Speak to our experts

Other ways to get in touch with us.

Your Privacy


We will never share your details with any third-party.

This form collects your name contact number and email address so that we can contact with you and provide a quote for our services. Please check our Privacy policy to see how we protect and manage your submitted data.



Suite 63, 388 George St, Sydney NSW 2000



120 Spencer St Melbourne VIC 3000



310 Edward St Brisbane QLD 4000

structures set Restructures

Structures - Setup & Restructures

  • Company Setups
  • Trust Setups
  • Flip Ups
  • Australian Subsidiary Setups
  • Detailed Tax Advice
  • Cap Tables
  • Equity Consulting
Get a quote Tax Advisory Icon
govt grants Incentives

Government Grants & Incentives

  • R&D Tax Incentive
  • R&D Finance consulting
  • Forward Financing consulting
  • ESIC
  • Export Market Develop. Grant (EMDG)
  • State Grant Editorial Reviews
Chat with an Advisor> Tax Advisory Icon
finance Forecasting

Financial Forecasting, Xero & Fintech Support

  • Dashboards
  • VCFO Reporting
  • Management Reports
  • Advisory Board Meetings
  • Bookkeeping & System Reviews
  • App Implementations
  • Cashflow Forecast Workshops
Get a quote structure and setup
complex tax questions

Complex Tax Questions

a) Book a consultation with a Tax Advisor
b) If more detail > Written Tax Advice

We regularly cover:
  • Corporate Structuring
  • International Tax
  • Restructures
  • Business Sales
  • Tax Consolidation
  • ESOPs
  • GST & Duties
  • FBT
  • ESIC
  • Tax Residency
Chat with an Advisor > Tax Advisory Icon
capital raising support

Capital Raising Support

  • Financial Modelling
  • Cap Table Modelling
  • Share Issues
  • Share Splits
  • Share Buy Backs Pre Diligence
  • Startup Valuations
  • ESIC / ESVCLP advice
Chat with an Advisor > Tax Advisory Icon
Tax Advisory Icon

Corporate Secretarial & Advisory Board

  • Share Issues
  • Share Transfers
  • Director Updates
  • Nominee Directors
  • Registered ASIC Agent
  • Monthly or Quarterly Advisory Board
  • AGMs
Get a Quote Corporate Secretarial