Eligible businesses (turnover over $75K) can receive one payment covering the 4-week period of February 2022. Businesses will not receive payment for January 2022.
If you’re an employing business, the payment will be equivalent to 20% of weekly payroll for work performed in NSW:
- minimum payment will be $750 per week
- maximum payment will be $5,000 per week.
If you’re a non-employing business, such as a sole trader, you may be eligible to receive a payment of $500 per week.
To Apply: Apply for the 2022 Small Business Support Program | Service NSW
Eligibility
To be eligible for the 2022 Small Business Support Program, your business or not-for-profit organisation must:
- have an active Australian Business Number (ABN)
- have been operating in NSW on 1 January 2021
- have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2021 or 30 June 2020
- have experienced a decline in turnover of 40% or more due to the impacts of COVID-19:
- during January 2022, compared to January 2021 or January 2020
- from 1 to 14 February 2022, compared to the same fortnight in February 2021 or February 2020
- for employing businesses, maintain your employee headcount from 30 January to 28 February 2022
- for non-employing businesses, such as sole traders, show that the business is the primary income source (50% or more of the total income) for the associated person. If you have more than one non-employing business, you can only claim payments for one business.