Tell us more about JobSaver
In the second wave of financial assistance for the NSW JobSaver scheme, small businesses can now receive between $1,500 to $100,000 (or the equivalent of 40 percent of your payroll) per fortnight to cover wage expenses while stay-at-home restrictions are in place. These payments will be backdated to 18 June in order to cover costs relating to the early impacts of lockdown.
The amount you receive will be determined by your most recent Business Activity Statement (BAS) provided to the ATO before 26 June 2021. To be eligible for JobSaver, you must:
- Have an annual turnover of between $75,000 to $250 million.
- Be able to demonstrate a decline in turnover of at least 30 percent across a minimum fortnightly period within the Greater Sydney lockdown period (which began 26 June) compared to the same period in 2019.
- Submit a letter from your registered accountant or BAS agent that verifies the drop in turnover.
- Maintain your employee headcount as of 13 July. If this changes, you will need to let Service NSW know in order to keep receiving fortnightly payments.
The JobSaver payment can be used to cover general business costs. However, its primary use should be to retain your employees so that you’re well-placed to begin trading again once lockdown restrictions are lifted. It’s also worth noting that some of your employees could be eligible for a COVID-19 Disaster Payment even if you – as their employer – are receiving JobSaver.