JobSaver & Micro Business Grants are coming to an end
The NSW Government has announced that both JobSaver and Micro Business Grant will come to an end on 30 November 2021.
Ahead of the payments ceasing all together, there will be scaling back.
Micro Business Grant
Once NSW reaches the 80% double vaccination target, the Micro Business Grant payment will drop to $750 per fortnight, before ceasing on 30 November 2021.
Details of the JobSaver tapering are set out below:
| JobSaver (excluding extension program) | Share of weekly payroll | Weekly payment range (paid fortnightly) | Weekly payments to non-employing business (paid fortnightly) |
|---|---|---|---|
| current | 40% | $1,500 to $100,000 | $1,000 |
| 10 October 2021 | 30% | $1,125 to $75,000 | $750 |
| 80% double dose | 15% | $562.50 to $37,500 | $375 |
| 30 November 2021 | - | - | - |
The NSW Government is yet to announce its comprehensive Economic Recovery Plan designed to boost business confidence and jobs growth and inject stimulus as restrictions ease across the state. We will provide more information once it is announced.
For more information click here.
Please ensure that you re-confirm your ongoing eligibility each fortnight with Service NSW to ensure you don't miss out on any payments.
Should you have any questions, as always, please do not hesitate to contact us.
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