License Fees Slashed to Support Businesses in NSW
Up to 200,000 licence holders operating across the trades and construction sectors will not have to pay up to $50 million worth of licence fees, thanks to changes made by the NSW Government this week.
Member for Manly James Griffin said the licence fee waivers were a crucial part of the NSW Government’s economic stimulus package.
“These fee waivers will deliver much-needed relief for small businesses, at a time when cash flow is crucial,” Mr Griffin said.
“Up to 200,000 licence holders will benefit from this fee relief package over the next 12 months. It is one of many things we are doing to support both 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.
The 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.