This Small business support program is helping businesses survive the impacts of the Omicron COVID-19 strain.
If your business falls under these requirements, you may be eligible to apply for a payment under this program.
1. You have a business or not-for-profit organisation with a turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2021 or the year ended 30 June 2020; and
2. You are experiencing a decline in turnover of 40% or more due to public health orders or the impacts of Omicron during the month of January 2022, compared to January 2021 or January 2020; and
3. You are experiencing a decline in turnover of 40% or more due to the impacts of Omicron from 1 to 14 February 2022, compared to the same fortnight in February in the comparison year used above; and
4. You maintain your employee headcount as of 30 January 2022.
Those eligible businesses and not-for-profit organisations will receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week up to a maximum payment of $5,000 per week.
Eligible non-employing businesses will receive $500 per week, paid as a lump sum of $2,000.
The 2022 Small Business Support Program is for the month of February only.
Applications are expected to open from mid-February, so be quick to apply so you don’t miss out. If you need assistance in applying, let me know.
For more information and eligibility criteria, see the program guidelines.
Most of this information has been taken from this link https://www.service.nsw.gov.au/transaction/2022-small-business-support-program
Remember applications open Monday 14th February and closes Monday 28th February, so you don’t have much time to apply.
If you need assistance, then give me a call on 0429 363 047, I can take care of this for you and so much more.
Maree Punzet | Maree’s Mobile Bookkeeping | 0429 363 047
You didn’t go into business to do your Payroll and Bookkeeping, BUT WE DID