The joint NSW Government and Commonwealth JobSaver program has been expanded to further support businesses and individuals impacted by the extended lockdown. Here\u2019s what\u2019s changed:<\/p>\n\n\n\n
The maximum weekly payment has also been substantially increased, with employing businesses that maintain their employee headcount now able receive between $1,500 and $100,000 per week, up from $10,000, with payments based on 40 per cent of their weekly NSW payroll.<\/p>\n\n\n\n
JobSaver payments will now be available to businesses with an annual turnover of between $75,000 and $250 million, up from $50 million, which have experienced a revenue decline of 30 per cent or more.<\/p>\n\n\n\n
Also in July, Treasurer Dominic Perrottet said further payroll tax relief was being made available through Revenue NSW, with payroll tax deferrals already available for all businesses and a 25 per cent reduction on the 2021-22 payroll tax reconciliation for eligible businesses.<\/p>\n\n\n\n
All NSW businesses who have a payroll tax liability have the option of deferring lodgement and payment of their 2020\/21 annual reconciliation until 7 October 2021. Customers required to lodge monthly returns will also have the option of deferring their returns due in August and September until 7 October 2021.<\/p>\n\n\n\n
In addition, all payroll tax customers that defer their payments are eligible for an interest free payment plan of up to 12 months. Businesses with wages between $1.2 million and $10 million that have experienced a 30 per cent decline in turnover will get a 25 per cent reduction of their 2021\/22 payroll tax. This will deliver even more support to smaller businesses.<\/p>\n\n\n\n