JobSaver grant for 2021 greater Sydney lockdown
Announced on 13 July 2021 — Applications commenced 26 July 2021 and close 18 October 2021
An economic stimulus package is now 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 (inclusive) for the year ended 30 June 2020
• 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.
