The 2022 Small Business Support Program 

This new program provides cash flow support to help eligible businesses survive the immediate impact of the Omicron wave.

Employing businesses will be eligible to 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. 

Non-employing business such as a sole trader will receive a payment of $500 per week.

Eligible businesses

• turnover of between $75,000 and $50 million
• experienced a minimum 40% decline in turnover in January 2022 - and the first fortnight of February 2022
• for employing businesses, maintain your employee headcount from 30 January to 28 February 2022
• for non-employing businesses, such as sole traders, show that the business is the primary income source (50% or more of the total income) for the associated person.

If you have more than one non-employing business, you can only claim payments for one business.

The 2022 Small Business Support Program is for the month of February only. 
Applications are now open via Service NSW.

Applications close on 31 March 2022

We can assist with assessment of your eligibility, application and provision of the required accountants letter. Please call your engagement partner to discuss.

For more information please review the following link

https://www.service.nsw.gov.au/transaction/apply-2022-small-business-support-program#introduction