How to apply: 2022 Small Business Support Program
The 2022 Small Business Support program provides cash flow support to help businesses survive the immediate impacts of the current Omicron wave of COVID-19. Eligible businesses will receive a lump sum payment covering the four-week period of February 2022 by providing them with the equivalent of 20% of weekly payroll for work performed in NSW.
The minimum payment will be $750 per week, and
The maximum payment will be $5,000 per week.
Non-employing businesses will receive $500 per week.
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Had an ABN and were operating in NSW on 1 January 2021.
Had an aggregated turnover of between $75,000 and $50 million for the 2020 or 2021 financial years.
Experienced a decline in turnover of 40% or more due to the impacts 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 due to the impacts of COVID-19 from 1-14 February 2022 compared to the same fortnight in February in the comparison year used for January.
Maintain their employee headcount from 30 January to 28 February 2022.
Business must have experienced a decline in turnover due to COVID-19 which has, for example, impacted the business through reduced consumer demand, labour shortages and supply chain disruptions.
Business cannot be primarily earning passive income (rent, interest, or dividends).
For non-employing businesses, ,the business receiving the payments must be the primary source of income for the associated individual.
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To be eligible for the 2022 Business Support Program, you must declare that the turnover of the business has been impacted by COVID-19 as a result of:
a reduction in operations due to density, singing, or dancing restrictions
a reduction in your products due to density, singing, or dancing restrictions
a reduction or change in trading hours due to density, singing, or dancing restrictions
your business has shut due to density, singing or dancing restrictions
a drop in customer spending
your business has had to shut, reduce trading hours, services, or products due to employees having to self-isolate
your business has had to shut, reduce trading hours, services, or products due to supply disruptions and labour shortages
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The payment can be used to cover business costs and to help businesses survive the immediate impacts of the Omicron wave of COVID-19. these costs may include, but are not limited to:
salaries and wages
utilities and rent
financial, legal or other advice
marketing and communications
perishable goods, or
other business costs
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Applications open on February 16 2022 and close after 11:59pm on 29th April 2022. Applications can be made through Service NSW using this link.
Evidence required to complete the online application:
If the business has employees they must provide:
declaration of employee headcount on 30 January 2022; and
declaration that they will maintain their employee headcount over the period from 30 January to 28 February 2022
evidence of how the weekly payroll amount was calculated (e.g. most recently lodged BAS or IAS for the 2022 financial year)
most recently lodged Income Tax Return (2020 or 2021) to demonstrate the business had an aggregated turnover of between $75,000 and $50 million
If the business does not have employees they must provide:
declaration that the business is the primary income source for the individual associated with the business
most recently lodged Income Tax Return (2020 or 2021) to demonstrate the business had an aggregated turnover of between $75,000 and $50 million
For businesses directly impacted by the Public Health Order (industries directly impacted):
declaration that they have experienced the required decline in turnover
identify how the Public Health Order has directly impacted the turnover of the business
Other businesses not directly impacted by the Public Health Order:
a letter from a qualified accountant, registered tax agent or BAS agent
declaration that they have experienced the required decline in turnover
identify how the Public Health Order has directly impacted the turnover of the business
How can Kamper help?
To assist with the application process, we have developed a calculator to help you determine whether or not your business meets the decline in turnover requirements.
If you use the calculator and determine you may be eligible for the payment and are not on the directly impacted industry list, you can send a copy of the completed calculator to your Kamper accountant for them to provide you with the necessary documentation to complete your application.