NSW COVID Business Support Package February 2022
Small Business Support Program
This new program will help NSW businesses survive the immediate impact of the Omicron wave.
The program includes support for eligible businesses that:
- Have an aggregated annual turnover of between $75,000 and $50 million for the year ended 30 June 2021; and
- Experienced a decline in turnover of 40% or more due to public health orders or the impacts of the Omicron COVID-19 strain during the month of January 2022, compared to January 2021 or January 2020; and
- Experienced a decline in turnover of 40% or more due to public health orders or the impacts of the Omicron COVID-19 strain from 1 – 14 February 2022, compared to the same fortnight in February in the comparison year used for the above criterion; and
- Employers must maintain their employee headcount from the date of the announcement of the scheme.
Eligible employing businesses will receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week and a maximum payment of $5000 per week.
Eligible non-employing businesses will receive $500 per week, paid as a lump sum of $2000.
The 2022 Small Business Support Program is for the month of February only.
Businesses will be able to apply through Service NSW from mid-February in 2022.
Customers will be contacted by Service NSW and asked to provide any additional information they need to finalise their application.
Note: Further details will be released in due course.
Expanded Small Business Fees and Charges and RAT Rebate
The existing rebate will increase from $2000 to $3000 in late March 2022.
Eligible employing small businesses will be able to use the rebate to cover half the cost of rapid antigen tests (RATs).
The funds can be used not only to offset the cost of RATs but also other Government fees and charges such as:
- food authority licences
- liquor licences
- tradesperson licences
- event fees
- outdoor seating fees
- council rates
- road user tolls for business use.
Businesses who have already registered for the rebate will receive an automatic top-up of $1000 and newly registered businesses will receive a rebate of $3000.
Businesses can apply through Service NSW.
Eligible small businesses can claim government fees and charges incurred from 1 March 2021 to 30 June 2022.
View a complete list of all eligible fees and charges.
Find more information on the fees and charges rebate via the Service NSW website.
Extended Commercial Landlord Hardship grant
Grants of up to $3000 per month (GST inclusive) are available for eligible landlords who have provided rental waivers to affected tenants.
Rent waived must be at least half of any rental reduction provided.
This grant has been extended until 13 March 2022, in line with the new legislation.
The program has been expanded in 2022 to landlords who claimed the 2021 land tax relief.
Apply for the Commercial Landlord Hardship grant through Service NSW.
Extended performing arts package
Create NSW will extend the Performing Arts Relaunch Package from 14 February 2022 to 30 April 2022.
It will also increase funding to performing artists in NSW.
This package will provide funding to entities and performing artists in NSW that are continuing to be impacted by COVID-19 and are unable to access other financial support.
This includes a one-off grant to Support Act to provide crisis relief to music workers in NSW who can’t work due to the impact of COVID-19.
Entities and artists can apply through Create NSW.
If you require support in applying for any of these programs, grants, or packages, contact your Johnsons MME advisor.