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Government Grant Applications assistance

2021 COVID-19 business grant

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How to calculate a decline in turnover - for the NSW Govt COVID Grant.

If you are thinking of applying for the for the NSW Govt COVID Grant you will need to calculate how much you turnover has declined.

They call this a ‘decline in turnover’.

Example

To do this, you subtract the 2021 year's number from the 2019 year's number, then divide that result by the 2019 year's number.

Then multiply it by 100.

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