COVID-19 JOBSAVER

The applications for Jobsaver are now open. Click here to apply via Services NSW Website. Applications will close on 18 October, 2021.

Jobsaver Payment

Jobsaver aims to provide cash flow support for businesses who have been impacted by the current Covid-19 public health orders to help them maintain their NSW Employee head count on 13 July, 2021.

Eligible entities will receive 40% of their NSW payroll payments at a minimum of $1,500 and a maximum of $10,000 per week.

The weekly payroll would be determined by referring to the business’ most recent Business Activity Statement submitted to the Australian Taxation Office (ATO) before 26 June, 2021.

For non-employing businesses (e.g., eligible sole traders) payment will be $1,000 per week.

Once deemed eligible, businesses will receive automatic fortnightly payments. Payments will be made in arrears with the first payment backdated to18 July. Businesses will not need to re-apply but must notify Service NSW if they are not maintaining the number of employees they had on 13 July 2021.

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Eligibility Requirements

To be eligible for JobSaver you must:

-         have an active Australian Business Number(ABN).

-         demonstrate your business was operating in NSW as at 1 June 2021.

-         have had a national aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020.

-         have experienced a decline in turnover of 30% or more due to the Public Health Order over a minimum 2-week period within the Greater Sydney lockdown (commenced 26 June) compared to the same period in 2019.

-         for employing businesses, maintain your employee headcount on 13 July 2021 while you continue to receive JobSaver payments.

-         for non-employing businesses, such as sole traders, show that the business is the primary income source for the associated person. If you have more than one non-employing business, you can only claim payments for one business.
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For businesses that have applied and are eligible for the 2021 COVID-19 business grant they will generally be automatically eligible for JobSaver. These businesses must provide further information on employee headcount and payroll to Service NSW.

For any businesses that have been significantly impacted by Covid-19 and do not meet the eligibility criteria we recommend you contact Service NSW directly to determine if an alternate comparison period, or alternative supporting evidence, can be applied.

Need our help?

For any of our clients who are eligible for the above and not on the highly impacted industries list, you may need to submit a letter from us demonstrating the decline in turnover. Please contact our office by emailing admin@optimumadvisory.com.au . We will require evidence of your reduction in turnover compared to the same period in 2019.

If you have any further questions, please contact our office on 02 9821 2455.