The NSW Small Business Support Packages Have Updated!
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The NSW Government has announced another round of support packages in relation to the current pandemic.
As always, there are certain conditions that have to be met. These conditions are:
- You must have an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2021; and
- You must have experienced a decline in turnover of at least 40% due to Public Health Orders or the impact of COVID-19 during the month of January 2022 compared to January 2021 or January 2020; and
- Experienced a decline in turnover of 40% or more from 1 to 14 February 2022 compared to the same fortnight in either 2021 or 2020 (you must use the same comparison year utilised in the decline in turnover test for January); and
- You must maintain your employee headcount from 30 January 2022.
Non-employing businesses will have access to this support package as long as they satisfy the first 3 conditions.
For further information, give us a call on 6559 7900 and we can discuss whether you are eligible.