Who is eligible for the SBRP?
Business must be operating in an incorporated entity (a company) (sole traders and partnerships are not eligible).
The company’s business must still be trading (continuing operations).
All outstanding employee entitlements must be paid (includes wages and superannuation).
All ATO tax returns and BAS lodgements must be submitted and up to date.
The company must have less than $1,000,000 (one million) in debt.
The company and its directors cannot access the Restructuring or Simplified Liquidation processes more than once in the last 7 years.