The NSW government is providing further support measures for businesses in NSW that have been affected by the latest COVID outbreak.

A summary of the support available includes:

Eligible businesses will receive one payment covering the 4-week period of February 2022. If you’re an employing business, the payment will be equivalent to 20% of weekly payroll for work performed in NSW (based off the latest lodged Business Activity Statement):

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.

Eligibility

• 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 2019 or January 2020. From 1 February 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.
• Certain entities, such as those earning passive income (rents, interest, or dividends) that is more than 50% of the business’s income are not eligible for this program.

Applications

• Applications can be made by logged using your MyService NSW account
• Applications close 31 March 2022

More information can be found here