If you’re a business, sole trader or not-for-profit organisation in NSW and you’ve been impacted by the Omicron wave of COVID-19, you may be eligible for a payment under the 2022 Small Business Support Program.
The program provides cash flow support to help eligible businesses survive the impacts of COVID-19 and maintain their NSW employee headcount.
Before you begin your application, make sure you have all the correct documents to support your eligibility ready to upload. This will help us to assess your application as quickly as possible.
Eligible businesses will 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.
Weekly payroll should be determined by referring to the calculations underlying the most recent Business Activity Statement (BAS) provided to the Australian Taxation Office (ATO) for a tax period that falls within the 2021–22 financial year. See the guidelines for more information about calculating your weekly payroll. You can use our template for calculating weekly payroll.
If you’re a non-employing business, such as a sole trader, you may be eligible to receive a payment of $500 per week.
Eligible businesses can use funds to cover business costs incurred due to the impacts of the Omicron strain of COVID-19 in NSW. These costs may include:
- salaries and wages
- utilities and rent
- financial, legal or other advice
- marketing and communications
- perishable goods
- other business costs.
A qualified accountant, registered tax agent or registered BAS agent may apply on behalf of your business. Your accountant will need to provide a letter of authority from you to show that they are authorised to act on behalf of your business if they are not listed as an associate on the Australian Business Register.
Applications close on 29 April 2022.
For more information visit Service NSW