What is the JobSaver Program?
The JobSaver Program is an initiative to provide cash flow support to impacted businesses to help maintain their NSW employee headcount on 13 July 2021.
Background
JobSaver will provide cash flow support to impacted businesses to help them maintain their NSW employee headcount on 13 July. The program objective is to help businesses save jobs to support the economy after restrictions are lifted.
Service NSW and Revenue NSW will deliver JobSaver on behalf of the NSW and Commonwealth Governments.
By applying for JobSaver, applicants agree:
- their application may be subject to an audit by the NSW Government or its representatives and agree to participate in the process if required, and
- Service NSW and Revenue NSW may use other data provided by applicants to other government agencies to assist with determining eligibility for JobSaver.
A public reporting channel will be established to allow people to report businesses not adhering to the guidelines.
Funding
Eligible businesses and not-for-profit organisations with employees will receive fortnightly payments backdated to cover costs incurred from week 4 of the Greater Sydney lockdown (from 18 July 2021 onwards).
The payment will be equivalent to 40% of the weekly payroll for work performed in NSW:
- minimum payment will be $1,500 per week
- maximum payment will be $10,000 per week.
Weekly payroll should generally be determined by referring to the most recent Business Activity Statement (BAS) provided to the Australian Taxation Office (ATO) before 26 June 2021 for the 2020-21 financial year.
If you’re a non-employing business, such as a sole trader, you may be eligible to receive a payment of $1,000 per week.
Eligible Projects
Eligible businesses can use JobSaver to cover business costs incurred from 18 July 2021. These costs may include:
- salaries and wages
- utilities and rent
- financial, legal or other advice
- marketing and communications
- perishable goods
- other business costs.
While JobSaver payments can be used to cover general business costs, the primary objective of this payment is to help businesses to survive, maintain relationships with their employees and be in a position to trade when restrictions are lifted.
Eligible Applicants
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.
Timing
Applications close 18 October 2021.