JobSaver Applications Open Today

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The second round of COVID-19 NSW Business Support is available today.

Eligible businesses may be entitled to a JobSaver payment which will provide fortnightly cashflow support to impacted businesses to help keep their businesses afloat, maintain relationships with their employees and be in a position to trade when restrictions are lifted. The payment is intended to assist those businesses that have been impacted from week 4 of the Greater Sydney lockdown (from the 18th of July 2021 onwards).

Both employing and non-employing businesses, such as sole traders, may be eligible for the JobSaver payment.

The payment is 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

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.
 

Applications are made on the ServiceNSW website: https://www.service.nsw.gov.au/transaction/jobsaver-payment

Before applying for the JobSaver, we recommend that you check you meet the eligibility criteria and have the necessary documentation and evidence ready. See below for further information.
 
Eligibility Criteria

Eligible businesses must:

  • Have an active ABN
  • Be able to demonstrate they were operating in NSW as at 1 June 2021
  • Have had an aggregated annual turnover between $75,000 and $50 million for the year ended 30 June 2020
  • Have experienced a decline in turnover of 30%
  • For employing businesses, maintain employee headcount as at 13th of July 2021
  • For non-employing businesses, show that the business is the primary income source for the associated period.

 
To determine whether you meet the decline in turnover requirement, businesses must test their turnover for a minimum 2-week period from 26 June 2021 compared to the same period in 2019.

Businesses that applied and were eligible for the 2021 COVID-19 business grant will generally automatically be eligible for the JobSaver but must provide further information on employee headcount and payroll.

Businesses that were not eligible for the grant will need to conduct a decline in turnover test to determine eligibility. Please contact HYD Advisory for assistance with your turnover test.
 
If your business is not on the highly impacted industries list, you are required to submit a letter from HYD Advisory as evidence that you have experienced a decline in turnover.

To review the highly impacted industries list please see the following link:
https://www.service.nsw.gov.au/jobsaver-payment-guidelines#attachment-a-list-of-highly-impacted-industries
  
To maintain employee headcount means the employer will not take active steps to end the employment relationship with their employees. Employees who have been stood down under the Fair Work Act 2009 or take leave without pay are considered employees for the purpose of headcount. Employees can receive Commonwealth COVID-19 Disaster Payments if their employer is receiving JobSaver.
 
Once deemed eligible, businesses will receive automatic fortnightly payments. 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. Payments will be made in arrears with the first payment backdated to 18 July.
 
Documentation and evidence

To prepare for the application, you will need the following:

  • A MyServiceNSW Account – if you haven’t already setup an account, you can do so here: https://account.service.nsw.gov.au/
  • Proof of identity documents – such as drivers licence, Medicare card, birth certificate, etc. – you may be able to use identification documents already stored on your MyServiceNSW account
  • Your ABN/ACN
  • You business bank account details
  • The businesses 2020 income tax return or notice of assessment– please contact HYD Advisory if you require a PDF copy of this
  • An accountants letter – to confirm the decline in turnover
  • Evidence of weekly payroll – for businesses that submit a BAS this will generally be their most recent BAS that was submitted to the ATO prior to 26 June 2021 within the 2020-21 financial year

 
The Next Steps

Application are now available on the ServiceNSW website: https://www.service.nsw.gov.au/transaction/jobsaver-payment

Once you have checked your eligibility and have all documentation ready, you can select the above link then follow the steps below:
 

  1. Select the ‘Apply online’ button.
  2. Log in, or create your MyServiceNSW Account.
  3. Select and verify your identity documents.
  4. When your identity is verified, select ‘Continue’.
  5. Confirm your personal details.
  6. Enter your business details and answer the eligibility questions, then select ‘Next’.
  7. Provide information about your decline in turnover and upload your supporting documentation, then select ‘Next’.
  8. Enter your bank details, then select ‘Next’.
  9. Review your application.
  10. Check the declaration boxes.
  11. Select ‘Submit’ to complete your application.

 
Please don’t hesitate to contact HYD Advisory to discuss your eligibility or the process of the JobSaver on (02) 8543 6800 or email your client manager directly.

Our team are currently working remotely and are available to assist you with lockdown support for your business. We want to reassure clients that we’ll be on hand to talk with you about your business issues and give you the confidence you need to make good decisions to keep your business alive in these difficult times.