Service NSW recently released some further guidance on the
JobSaver scheme which is now available to impacted businesses in
NSW. Today the Prime Minister announced an expansion to the scheme
to include additional support for more businesses.
Payments under the scheme
Eligible businesses with an aggregated turnover of up to $250
million can receive an equivalent of 40% of their weekly payroll up
to a maximum of $100,000 per week for the duration of the
restrictions from 18 July 2021. Previously, businesses needed to
have a aggregated turnover of less than $50 million and the maximum
payment amount was $10,000 per week. For non-employing businesses
(e.g. sole traders), the amount is set at $1,000 per week. These
amounts will be paid fortnightly.
