With the ongoing Covid issues continuing to affect businesses, but JobSaver and JobKeeper ended, the NSW Government has reinvented the wheel once again and announced the new ………
2022 Small Business Support Program
Applications open 14th Feb, and details are somewhat vague. It will provide relief only for the month of February 2022.
You may be eligible to apply for a payment if you
- have a business or not-for-profit organisation with a turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2021 or the year ended 30 June 2020; and
- experienced a decline in turnover of 40% or more due to public health orders or the impacts of Omicron during the month of January 2022, compared to January 2021 or January 2020; and
- experienced a decline in turnover of 40% or more due to the impacts of Omicron from 1 to 14 February 2022, compared to the same fortnight in February in the comparison year used above; and
- maintain your employee headcount as of 30 January 2022.
Eligible businesses and not-for-profit organisations will receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week up to a maximum payment of $5,000 per week.
Eligible non-employing businesses (ie sole traders) will receive $500 per week, paid as a lump sum of $2,000.
If you need any assistance please get in touch
Lindsay 0413 952 180