If you're between the ages of 22 and 65 and looking for work, you may be eligible for financial assistance. It's also useful if you're sick or injured and can't work or study for a period of time. When Newstart Allowance expired in March 2020, JobSaver Payment took its place. To qualify for JobSaver Payment, you must follow a set of guidelines. These are some of them:
You're between the ages of 22 and 65, you meet the income and asset standards, and you meet the residency requirements.
You may be eligible for the 2021 COVID-19 JobSaver payment if you're a business, single trader, or not-for-profit organization in NSW who has been impacted by the recent COVID-19 restrictions. JobSaver will help impacted firms in Greater Sydney and regional NSW to retain their NSW employee headcount by providing cash flow support.
On or after June 26, 2021, you must nominate the 2-week period during which your organization first saw the required decrease in turnover. Payments will be made in arrears once approved, and will begin from the chosen fortnight. Payments for JobSaver will begin on July 18, 2021, and will end on July 18, 2022. After NSW achieves a 70 percent double-dose vaccination rate, JobSaver payments will be reduced to 30 percent of weekly payroll for all qualified businesses and not-for-profit organizations, effective October 10, 2021. Unless you live in remote NSW, payments will be reduced to 15% of weekly salary once NSW has reached an 80 percent double-dose vaccination rate, which will take effect on October 24, 2021. From October 31, 2021, payments for enterprises and not-for-profit organizations in regional local government areas (excluding the Central Coast, Wollongong, Shellharbour, and the Blue Mountains) will be reduced to 15% of weekly payroll.
Under the extension to the JobSaver scheme, larger enterprises in the hospitality, tourist, and recreation industries with a turnover of more than $250 million and up to $1 billion may be eligible for a greater weekly payout. Visit JobSaver payment – major tourism, hospitality, and recreation firms for additional information. The calculations underlying the most recent Business Activity Statement (BAS) supplied to the Australian Taxation Office (ATO) before to 26 June 2021 for the 2020–21 financial year should be used to calculate weekly payroll. If you're a solo trader or a non-employing business, you may be eligible for a weekly payout of $1,000. When NSW achieves a 70 percent double-dose vaccination rate, effective October 10, 2021, this $1,000 weekly payment will be reduced to $750. Unless you live in regional NSW, the weekly payment will increase to $375 when NSW achieves an 80 percent double-dose vaccination rate, which will take effect on October 24, 2021. This adjustment will take effect on October 31, 2021, for regional non-employing firms. Payments will be stopped on November 30, 2021.
JobSaver can be used by eligible firms to offset business costs incurred as a result of the public health order in NSW. These expenses could include:
• wages and salaries
• rent and utilities
• guidance (financial, legal, or otherwise)
• marketing and public relations
• products that are perishable
• other business expenses
On your behalf, a competent accountant, registered tax agent, or registered BAS agent can apply for the JobSaver payment. If your accountant is not registered as an associate on the Australian Business Register, you will need to obtain a letter of authorization from you to establish that they are entitled to work on your behalf. The application period for online applications has ended. Payments will be made until November 30, 2021.
Rules of eligibility
The regulations you must follow in order to receive JobSaver Payment vary depending on your scenario.
You'll need to meet all of the following requirements:
You're between the ages of 22 and 65, and you meet the residency requirements as well as the income and wealth tests.
For one of these scenarios, you must also follow the following rules:
- You're unemployed and seeking for work, according to our definition.
- You've become ill or injured and will be unable to work or study for a period of time.
- Unemployed and in search of work
- You may be eligible for JobSaver Payment if you are unemployed or not working full-time. If you work part-time or on the side, this can apply to you.
- If you receive JobSaver Payment and your income exceeds a specific threshold, it will have an impact on how much you receive.
- You're sick or injured and can't work or study as usual.
- You could be sick or injured, preventing you from completing your regular work or studying for a while. You may be eligible for JobSaver Payment in this situation. You must follow certain guidelines and provide us with a medical certificate.
Businesses and non-profit organizations that aren't eligible
Businesses or non-profits who are not eligible for this payment but are experiencing financial difficulty may be able to apply through the hardship review method. Government agencies, local governments, banks, and universities are not eligible for JobSaver because they earn passive income (rents, interest, or dividends) that accounts for more than 50% of their total revenue.
If someone linked with or generating revenue from a non-employing firm has received a Commonwealth COVID-19 Disaster Payment for the same period that they're applying for JobSaver, they're not eligible for the payment. Not-for-profit organizations are ineligible if they receive COVID-19 funding from the following sources:
Commonwealth-funded Business Continuity Payments from the NSW Department of Communities and Justice's Social Sector Support Fund (SSSF) (for example, in the early childhood education and care sector).
What you'll require
a MyServiceNSW Account - you can create one when you begin your application for your proof of identification.
your ABN/ACN (Australian Business Number/Australian Company Number)
your business banking information for payment proof of your annual turnover and loss of income an Australian income tax return qualified accountant, registered tax agent, or registered BAS agent information, if applicable.
Supporting evidence for eligibility
If your company is on the list of significantly impacted industries and you want to apply for a maximum weekly payment of $10,000 or less, you must:
certify that you fulfill the qualifying requirements file an Australian income tax return or other documents indicating a total yearly turnover of $75,000 to $250 million (inclusive) for the fiscal year ending 30 June 2020. Provide the names and contact information for your qualified accountant, registered tax agent, or registered BAS agent, as well as proof of how the weekly payroll amount was determined and other supporting documentation as indicated in section 6 of the recommendations. Other documentation may be required to establish that you meet the eligibility requirements. In addition to the evidentiary criteria described above, if your organization is not on the list of significantly impacted industries and/or you are requesting for a weekly payment of more than $10,000, you'll need to:
submit a letter from a qualified accountant, registered tax agent, or registered BAS agent, using the template provided, demonstrating a drop in turnover of 30% or more over a minimum 2-week period during the period of restrictions (began June 26, 2021) compared to the same period in 2019, the same period in 2020, or the 2 weeks immediately prior to any restrictions, 12 June to 25 June 2021.
If you are a non-employing accounting business (for example, a sole trader), you must submit a letter from a qualified accountant, registered tax agent, or registered BAS agent to Service NSW to verify decline in turnover for other COVID-19 business support grants.
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