Businesses impacted by COVID-19 will be eligible if they:
a) had an Australian Business Number (ABN) and were operating in New South Wales on 1 January 2021
b) had an aggregated annual turnover of between $75,000 and $50 million (inclusive) for the year ended 30 June 2021 or 30 June 2020 (must use the financial year for the Australian Tax Return most recently lodged with the ATO)
c) experienced a decline in turnover of 40 per cent or more due to the impacts of COVID-19 during the month of January 2022, compared to January 2021 or January 2020
d) experienced a decline in turnover of 40 per cent or more due to the impacts of COVID-19 from 1–14 February 2022 compared to the same fortnight in February in the comparison year used for criterion (c) above, and
e) maintain their employee headcount from 30 January to 28 February 2022.
Applications will open on 14 February 2022 and close after 11:59pm on 31 March 2022.
Applicants will be required to complete an online application form through the Service NSW website.
Payments will be made in one lump sum covering the four weeks in February 2022.