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JobSaver payment – Large Tourism, Hospitality and Recreation Businesses

Grant Closes: Ongoing Value: Up to $500,000 per week based on payroll Run By: Service NSW Further Information: https://www.service.nsw.gov.au/transaction/jobsaver-payment-large-tourism-hospitality-and-recreation-businesses

Tourism, hospitality or recreation businesses in NSW with an annual turnover over $250 million and up to $1 billion, and you've been impacted by the recent COVID-19 restrictions, you may be eligible for the 2021 COVID-19 JobSaver payment.

JobSaver will provide cash flow support to impacted businesses to help maintain their NSW employee headcount from the day immediately prior to the month they first experienced the required decline in turnover.

Payments will be equivalent to 40% of the weekly payroll cost incurred prior to the start of COVID-19 restrictions on 26 June 2021, with a maximum weekly payment per group of:

  • $300,000 for eligible businesses with an aggregated annual turnover more than $250 million and up to $500 million
  • $500,000 for eligible businesses with an aggregated annual turnover more than $500 million and up to $1 billion.

Fortnightly payments will be backdated to the start of the month in which they first experienced the required decline in turnover on or after the commencement of JobSaver on 18 July 2021.

To be eligible, your business should:

  • be a tourism, hospitality or recreation business – see Attachment D of the JobSaver payment guidelines for the full list of eligible industries
  • have an active Australian Business Number (ABN)
  • have been operating in NSW on 1 June 2021
  • have an aggregated annual turnover of more than $250 million and up to $1 billion
  • maintain your employee headcount from the day immediately prior to the month you first experienced the required decline in turnover while you continue to receive JobSaver payments.

Businesses must demonstrate decline in turnover due to the public health order in line based on their level of aggregated annual turnover:

  • 50% decline for businesses between $250M and $500M
  • 70% decline for businesses between $500M and $1B.
Last Updated: 27th of August 2021
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