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Covid JobSaver 2021

Applications commenced 26 July 2021 and close 18 October 2021. A stimulus package is available for businesses in NSW who are located in a Commonwealth Government declared hotspot. From 26 June 2021, all local government areas in the greater Sydney area, as well as the Blue Mountains, Central Coast and Wollongong have been affected by a lockdown. The business support payments are available from week 4 of the lockdown for eligible entities.

Eligible businesses with an annual turnover of between $75,000 and $250 million impacted by the June-August 2021 Greater Sydney COVID-19 restrictions may apply for a weekly payment for the program period.

The program offers cashflow support to help these businesses cover operating costs and maintain their NSW employee headcount despite the lockdown.

Eligible entities

To be eligible for the new business support payments, both for-profit and not-for-profit entities:

          • must have an active Australian Business Number (ABN) and can demonstrate that they were operating in NSW as at 1 June 2021

          • must have a national annual turnover between $75,000 and $250 million

          • will need to demonstrate a decline in turnover of at least 30 per cent over a 2-week period compared to the same period in 2019, and

          • must maintain their staffing levels for full time staff, part time staff and long-term casual staff that were employed as at 13 July 2021.

Where the entity is a non-employing business, they are not eligible for the JobSaver payment if anyone associated with the business or who derives income from it, has received a Commonwealth COVID-19 Disaster Payment since 18 July 2021.

Amount of support payment

Eligible businesses will receive 40 per cent of their NSW payroll payments, unless that amount is:

          • less than the minimum support of $1,500 per week, or

          • greater than the maximum support of $100,000 per week.

Non-employing entities, such as sole traders, will receive $1,000 per week.

Weekly payroll should be determined by referring to the most recent BAS lodged to the Australian Taxation Office (ATO) before 26 June 2021 for the 2020–21 financial year.

The assistance will end when the current lockdown restrictions are eased or when the Commonwealth hotspot declaration is removed.

How to apply

Applications for grants must be submitted through Service NSW. Businesses that are eligible for the 2021 COVID-19 business grant are broadly automatically eligible for JobSaver but must submit further information on employee headcount and payroll.

Businesses that do not meet all of the eligibility criteria may still be able to apply for the grants if they can provide evidence supporting alternative circumstances as set out in the program guidelines.

To apply for the grant, the applicant needs:

          • a MyServiceNSW account to access the online form

          • proof of identity information,

          • a valid ABN or Australian Company Number (ACN), along with the business banking details

          • to provide the 2019–20 Australian income tax return or Notice of Assessment

          • provide evidence of weekly payroll (BAS W1 amount or NSW payroll tax reconciliation return), and

          • qualified accountant, registered tax or BAS agent details.

For more information visit COVID-19 help for businesses | Service NSW